Well, to be fair.....pic.twitter.com/G7mt9moKuE
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also Seoul is green belted like the UK and how the Bay has open space protections
Yeah, SG has own local dynamics. My point just that, per Romer et al, bigger cities generally work better—as seen in rents.
Singapore is 80% public housing. Does it really make sense to reference the sliver of mkt-based housing?
Singapore has built about the same amount of housing as Paris and not much more than SF since the early 2000s
are you arguing causality?
Follow links from main post plus comments here:https://pedestrianobservations.wordpress.com/2016/06/18/a-theory-of-zoning-and-local-decisionmaking/ …
In contrast, Tokyo, with comfortably more housing growth than Singapore and less population growth, is much cheaper.
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