Then why did real estate prices skyrocket only in the last few years? Why do they affect multi-family housing equally? I’m paying nearly USD2000 per month for one apartment in a building with dozens. 15 years ago, I paid only USD725 per month for a larger apartment in the same area.
Land scarcity is not the problem. It’s a distraction from the problem, no doubt perpetuated by the people causing the problem. Stop letting them deceive you.
And no, there’s nothing comfortable about living under the tyrannical whims of a building manager and not being able to let your pets roam outside. That is a dramatic decrease in quality of life, it is not necessary, and it is not acceptable.
Then why did real estate prices skyrocket only in the last few years? Why do they affect multi-family housing equally? I’m paying nearly USD2000 per month for one apartment in a building with dozens. 15 years ago, I paid only USD725 per month for a larger apartment in the same area.
Land scarcity is not the problem. It’s a distraction from the problem, no doubt perpetuated by the people causing the problem. Stop letting them deceive you.
And no, there’s nothing comfortable about living under the tyrannical whims of a building manager and not being able to let your pets roam outside. That is a dramatic decrease in quality of life, it is not necessary, and it is not acceptable.