My favourite example of this in my neighborhood is an apartment block of only studios, which would be illegal to build today, as the law was updated to prevent ridiculously small apartments (18m2) from being built.
It is, of course, half empty, but it doesn't matter. Those who bought those units never intended to live there anyway. To them it's just digital currency where proof of work is a physical object.
People advocating for "just" building more housing have no idea who buys most of the properties.
It is, of course, half empty, but it doesn't matter. Those who bought those units never intended to live there anyway. To them it's just digital currency where proof of work is a physical object.
People advocating for "just" building more housing have no idea who buys most of the properties.