Sunnyvale median home value $1.9M with prices up *28.7%* from a year ago. https://www.zillow.com/sunnyvale-ca/home-values/ … End the bans on high-density housing and backyard units! :-)https://twitter.com/jimgriffith_sv/status/995530537535094784 …
England does not build enough to keep up with population growth. They have Greenbelt policies that limit the supply of land. They sold off public housing stock under Thatcher. Job diffusion hasn’t worked. See Brexit.
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Has England ever made job diffusion a high-priority policy objective? Job concentration plausibly has a lot to do with Brexit, which seems to support job diffusion as potential policy rather than disconfirm it.
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Don't know of any nation that has made job and knowledge diffusion a policy objective. Just don't know. Thanks for talking. Been a long day. Going to sleep.
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First sentence is not correct. Will link to something to make that more clear tomorrow. But again; affordability problems has little to do with conventional goods and services supply and demand dynamics; it's a financial asset and priced on relative yield. Bedtime :)
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On English housing market, this gentleman is pretty good. https://www.resolutionfoundation.org/media/blog/two-housing-crises/ …
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