Re:The Growth Ponzi Scheme
by syshum on Sunday July 04, 2021 @10:40AM
(#27729951)
All of that is true, my comment was based on US Housing trends as the context of this discussion is around the American Suburb.
Other nations have other issue, largely that they are locked in with limited amounts of land that can be repurposed for housing, thus this supply restraint is some of the cause of the price increases there. For example the nation of France is SMALLER in land area than the State of Texas yet has over 2x the number of people occupying that smaller land area
The US has TONS of underused land that is continually being developed for new suburban housing additions
Other nations have other issue, largely that they are locked in with limited amounts of land that can be repurposed for housing, thus this supply restraint is some of the cause of the price increases there. For example the nation of France is SMALLER in land area than the State of Texas yet has over 2x the number of people occupying that smaller land area
The US has TONS of underused land that is continually being developed for new suburban housing additions