Re:Robert Shiller: 'Wild west' mentality is gripping housing...
by bhouston on Friday May 28, 2021 @01:52PM
(#27318442)
This is the coming housing correction. It is likely that we will decide to just depopulate undesirable areas completely. Because if you get under a threshold of density a lot of city infrastructure doesn’t make sense.
I wonder what we can learn from what is happening in Japan?
Re:Robert Shiller: 'Wild west' mentality is gripping housing...
by yellow_lead on Friday May 28, 2021 @02:03PM
(#27318582)
There was also an article posted here a while back noting that many American cities are too dependent on population growth to fund their infrastructure projects. They are essentially borrowing against expected growth and if that growth doesn't come, some cities could be left with a huge debt.
Re:Robert Shiller: 'Wild west' mentality is gripping housing...
by tony0x02 on Saturday May 29, 2021 @10:06AM
(#27325309)
Probably sourced from strongtowns
Re:Robert Shiller: 'Wild west' mentality is gripping housing...
by delaynomore on Friday May 28, 2021 @02:28PM
(#27318872)
Location, location, location?
Re:Robert Shiller: 'Wild west' mentality is gripping housing...
by beachwood23 on Friday May 28, 2021 @01:55PM
(#27318493)
This exact problem is why immigration is so heavily supported by liberals around the world. Europe has slowing birth rates, so they need large numbers of immigrants to find growth. The issue is a bit more acute there than in the US, but we will run into this sooner than later.
Re:Robert Shiller: 'Wild west' mentality is gripping housing...
by weasel_words on Friday May 28, 2021 @01:58PM
(#27318518)
That's a curious take.
Source?
Re:Robert Shiller: 'Wild west' mentality is gripping housing...
by kwertyoowiyop on Friday May 28, 2021 @02:05PM
(#27318610)
Conservatives love it too. At least the millionaires and billionaires do.
https://www.nytimes.com/2021/05/22/world/global-population-s...