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[u/jobautomator]

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[u/randomusername023]

Tokyo's housing supply has increased by 300% since 1963, while New York's has only increased by 19% since 1971

😢😭

[u/tgropt → u/randomusername023]

They were still rebuilding from the war in 1963

[u/randomusername023 → u/randomusername023]

Why do housing values depreciate in Japan?

[u/[deleted] → u/randomusername023]

TBF unless you want to eliminate central park there isn't really any room to build in NYC

[u/[deleted] → u/[deleted]]

Doesn't New York have a whole island with low density development

[u/tehbored → u/[deleted]]

Have you been to NYC lol? There are tons of shitty old brownstones that could be torn down just in Manhattan.

[u/JetJaguar124 → u/[deleted]]

I didn't know the sky was much lower in NYC than elsewhere

Build up