this post was submitted on 21 Jan 2024
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Europe

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[โ€“] [email protected] 18 points 9 months ago (1 children)

Because housing is basically extortion in big European cities. It's like there's a global conspiracy to stop building new housing and lower interest rates so real estate value skyrocket.

[โ€“] [email protected] 3 points 9 months ago

Yeah, zoning laws mostly exist to keep property prices up by restricting supply -- which mainly benefits the already well-off.