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A comment on Manhattan rents cross $5k threshold for first time. Parent comment

Re:Manhattan rents cross $5k threshold for first time by namdnay on Thursday July 14, 2022 @11:11AM (#32097010)
I think that’s more due to the relative attractiveness of the cities. London, NYC, Paris etc have become extremely expensive because they’re world cities, attracting huge amounts of people and jobs. That’s not really the case for Vienna, or Glasgow, or Riga etc
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Re:Manhattan rents cross $5k threshold for first time by jahnu on Thursday July 14, 2022 @11:14AM (#32097055)
In fact Vienna has had a huge population growth in the past 20 years
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Re:Manhattan rents cross $5k threshold for first time by rr888 on Thursday July 14, 2022 @01:12PM (#32098799)
Fewer people than 100 years ago, compare that to Bay Area. https://en.wikipedia.org/wiki/Vienna#Demographics
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Re:Manhattan rents cross $5k threshold for first time by jahnu on Thursday July 14, 2022 @01:22PM (#32098929)
100 years ago there were 4 families in the now single apartment I live in. There was an extreme housing crisis and the current system started then as a direct response to that extreme overcrowding.

Bay Area could learn a lot from Vienna. Especially about building up.

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