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by senseless
3388 days ago
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I think you're mistaking SF and Hong Kong for being more similar than they are. Hong Kong has about 7.2 million people in about 107 mi² of developable land[0]. In comparison, San Francisco has about 840,000 people in 47 mi² of land. Additionally, San Francisco is just one piece of its urban area. There is a large amount of developed land outside of it that people can live in who can't afford the city proper. Hong Kong is much more self-contained, geographically and politically. Furthermore, there is a vast amount of research showing that zoning laws hold tremendous (and quite possibly primary) impact over prices. To start, you might be interested in the book Zoning Rules! by William A. Fischel. Excuse me for saying so, I can't help but think you made this comment with virtually no knowledge around zoning and urban development in general, and I don't want people to be misled. [0] http://www.pland.gov.hk/pland_en/info_serv/statistic/landu.h... |
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No need to apologize, you're right: I am no expert. These kinds of responses is why I come to and comment on HN, thanks for the link!