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by aurizon 3458 days ago
The established home owners have placed a thicket of restrictions on building houses and apartments and condos that maintains prices at a very high level. There is a land shortage, but densification is battled = only those that have houses can afford them at the proper cost ratio. New buy couples have to pool income and pay 60% or more of their income to get into a place. Even rents = huge. There are many houses run as tekki bunkhouses with 2 people per room in a 6 room house and the city wants them all out.