Re:Manhattan rents cross $5k threshold for first time
by colinmhayes on Thursday July 14, 2022 @03:11PM
(#32100294)
The problem is that Manhattan is the only truly dense area with good transit in a country of 330 million. Tokyo is much larger than Manhattan and is dense throughout. Other Japanese cities are dense too, so people have options when prices out.
Population densities (per sq k):
Manhattan: 38000
Tokyo: 6158
Vienna: ~5000
I don't see how supply is Manhattan's problem here.