A key to the story is that German municipal authorities consistently increase housing supply by releasing land for development on a regular basis. The ultimate driver is a central government policy of providing financial support to municipalities based on an up-to-date and accurate count of the number of residents in each area. ---> this is not going to happen here, land owners are going to release land to real estate interest, not to LGUs for socialized housing
Posted on: Mon, 22 Sep 2014 01:46:40 +0000
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