Housing cost has very little to do with construction and everything to do with location.
Real estate as an export is .. well, it's a response to circumstances, I suppose, but is it really sustainable? After all, you can't just make more land with the property "within 1km of Central Park".
What happens when the majority of a city is owned by foreign landlords? Do you think that might distort its politics?
Real estate as an export is .. well, it's a response to circumstances, I suppose, but is it really sustainable? After all, you can't just make more land with the property "within 1km of Central Park".
What happens when the majority of a city is owned by foreign landlords? Do you think that might distort its politics?