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Re:In Cramped and Costly Bay Area, Cries to Build, Baby, Build by edderly on Saturday April 16, 2016 @01:07PM (#11511325)
It's been tried and the problem is that you end up with slums.

http://www.victorianweb.org/history/slums.html https://en.wikipedia.org/wiki/East_End_of_London

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