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by Green_man 1420 days ago
Housing isn't finite, if Americans are willing to spend money to increase the value of Mexican housing, Mexican builders/government can build more housing to take advantage of the increased demand. I don't see much reason why any country would need to ban foreign investment, especially when supply is artificially constrained by unjustifiable regulation (true of western US and Canada, no idea if true of Mexico)
1 comments

How come that such building boom did not happened in America in the first place? It is not like America would lack land.
Because building houses is illegal. Whenever any politician says they want to build more affordable housing, what they mean is that the government is currently working hard to ensure new housing doesn’t get built, but maybe we should work less hard at that.
America lacks the legal system to allow newer and denser construction