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by purple_turtle 206 days ago
This one is about housing crisis, not "western homeless crisis".

At least in Europe it is not (yet?) causing very large scale of homelessness problem.

1 comments

I find the name "housing crisis" misleading, because if I look at average floor area per capita, I think we should call this "expectations changed faster than buildings". For example https://doi.org/10.2908/ILC_HCMH01 (variation between 43 to 141).
I'd say it's a bit more complex as you have to deal with capital financing and a number of regulations like parking in cities that lead to issues.