If a lack of capital investment (or skilled companies) is the problem, that’s a great solution.
But that’s not the reason for expensive rents in big cities.
It’s because many (rich) people want to live there … and due to physical and regulatory limits you can’t build more housing, even for piles of money it would be worth.
But that’s not the reason for expensive rents in big cities.
It’s because many (rich) people want to live there … and due to physical and regulatory limits you can’t build more housing, even for piles of money it would be worth.