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by garply
5621 days ago
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Learning about the hukou system disturbed me at first, but the longer I live in Beijing, the more I approve of the system in some form. There are too many people here. Live with Beijing's traffic for a couple of years, or push more people than you can imagine can fit into a crowded subway train. There are not enough resources to go around. How would you deal with it? |
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Allow prices to rise until people stop coming. For traffic specifically, impose congestion prices and raise them until the traffic reaches a reasonable level [1]. Allow the same process to occur with rents, food prices, etc.
Also, don't impose unnecessary regulations which would prevent construction to increase capacity.
[1] If the price is high enough, it will make financial sense to increase capacity.