Communal housing was the norm in much of the world, including USSR, and it’s only recently that China built housing for everyone to move into the cities.
Communal housing was the norm in much of the world, including USSR, and it’s only recently that China built housing for everyone to move into the cities.
At the end of the day, prices rise due to demand (and gentrification, or even more extreme, billionaires parking their $ in US real estate and not even living there).
There is lots of cheap housing in the USA, but no one wants to live there. Someone should start a tech hub in Detroit’s abandoned housing regions, it’s a bargain.
> Daniel Gilbert (born January 17, 1962) is an American billionaire businessman, investor, and philanthropist. He is the cofounder of Quicken Loans and founder of Rock Ventures.[3]
Downtown, but to a larger extend Midtown and Corktown changed a lot. People want to live there again.