Tokyo builds more housing than the entire state of California and housing is a depreciating asset. Tokyo's population has risen more than most major U.S. cities like New York and San Francisco. De-commodification or not, supply is an *strong* factor in affordabilityhttps://twitter.com/geographyjim/status/1113328661581766656 …
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how much of fees effectively exist to compensate for the flipside of allowing so much wealth to be absorbed underlying land values because Americans weirdly want housing to be both a good investment *and* remain affordable?
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right, and the whole point of decommodification is rooted in the idea that housing being a good investment and a universal right are completely incompatible
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If I recall
@FactChecker23 's posts correctly, most of the increase in construction labor cost is going to builders, not their employees.. -
(I believe that Kim's comment was meant to apply to labor broadly, not to construction labor exclusively?)
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