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Exactly, just like Tokyo, one of the most expensive cities in the world
I’ve been searching all over and I can’t find any evidence that any Japanese cities are among the most expensive, when looking at housing costs. Can you please share your sources?
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Induced demand doesn't say what "should" or "shouldn't" happen. It doesn't have morality, it's a pattern. It says that building more housing in an area with expensive housing won't bring housing prices down.
> Induced demand doesn't say what "should" or "shouldn't" happen. It doesn't have morality, it's a pattern. It says that building more housing in an area with expensive housing won't bring housing prices down. Here is the definition of induced demand from wikipedia: > Induced demand – related to latent demand and generated demand[1] – is the phenomenon that supply increases result in price declines and increased cons…
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I hear a lot of them argue about how rural people waste space and how they’re sick of subsidizing rural infrastructure and we should impose policies which further incentivize people to migrate from rural to urban areas. The thrust of the issue seems to be directed at suburbs (if only because many of these folks are only marginally aware of the world beyond the suburbs), but rural life is still wholly incompatible wit…
> and how they’re sick of subsidizing rural infrastructure I mean, it’s fine if you want to live somewhere rural, but why should that be subsidized?