Hacker News new | ask | show | jobs
by tudorconstantin 124 days ago
I think it’s rather because of scarcity: you can’t scale and automate land/prime-location land
1 comments

Well you can scale it, which is why housing affordability is higher in many places where the cities are actually far denser than Australia. There are perverse incentives not to though, property prices don’t rise (which is what investors want) if you actually focus on increasing supply.