Of all the cities that have been rapidly expanding housing, the zero of them have become more affordable. I used to think market rate housing would bring down prices but it has proven to not. What we need are affordable housing units, price caps, rent as percentage of income, rent control, and things along those lines. Singapore and Vienna have done a good job but 70% of all housing in Vienna is government owned and 80% of all housing in Singapore was built by the government.
HDThoreaun|2 years ago