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0 pointswodenokoto2y ago0 comments

I think it is a question about the area of central locations grows much slower than the amount of people who wants to live in a central location.

Dubai is expanding like there is no tomorrow, and the price of down town and marina just keeps increasing, regardless of how many new high rise areas the emirate undertakes.

China has hundreds of literally empty cities, yet people are being priced out of living in Beijing.

The question is not about a lack of new buildings, or under utilization of current buildings but simply you cannot built _dense_ enough to follow demand.

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2 comments · 1 top-level

DenisM2y ago· 1 in thread

The empty cities are interesting. People don’t want to live there because there are no jobs and no services. There are no jobs or services because there are no people. Sounds like an opportunity for the government to step in and create employment, e.g. move a big military contractor there to “bootstrap” the city.

mcmoor2y ago

Several countries in Asia are/were not only making new cities, but new Capital cities (Malaysia, Egypt, Indonesia, etc) and they have mixed results. Old city pull and inertia is so strong.

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