Why Barcelona Bought the Building That Symbolizes Its Housing Crisis

Re:Why Barcelona Bought the Building That Symbolizes Its Hou... by kiba on Saturday February 22, 2025 @05:28PM (#43143936)

If it were that simple can you give some good examples? Hong Kong has little regulation and crazy high prices, Tokyo is expensive for people on local salaries even if it looks cheap to us (and having structures depreciate to zero value over 20 years makes the market weird).

Tokyo is considered to have relatively affordable housing.

Hong Kong's lack of regulation is not particularly relevant to the situation. It is mainly a political issue. Much of the land in Hong Kong remains unused.

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Re:Why Barcelona Bought the Building That Symbolizes Its Hou... by seanmcdirmid on Sunday February 23, 2025 @12:31AM (#43146892)

Much of the land in Hong Kong remains unused because they are mountains. You already have pockets of urbanity, then a few mountains, then more urbanity, all connected via tunnels. Yes, you could always explode the mountains with a few nukes, but that sent very realistic.

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Re:Why Barcelona Bought the Building That Symbolizes Its Hou... by kiba on Sunday February 23, 2025 @01:07AM (#43147084)

It is a political issue due to how the government in Hong Kong chooses how to fund itself. It is not a land shortage issue.

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Re:Why Barcelona Bought the Building That Symbolizes Its Hou... by seanmcdirmid on Sunday February 23, 2025 @10:27AM (#43149915)

I don’t know. I’ve been to the SAR many times and have never seen this available land for building. It might be hidden behind one of those mountains though?

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