alt Hacker NewsA key difference is that at least one isn’t competing for limited housing with offshoring. That is the number 1 driver of the affordability crisis atm.
I’m a fan of the YIMBY types but we aren’t building enough annd, until we are, it’s a problem to put more people where we already have little housing!
There is a lot more to an economy than just housing prices. All the local business now have less customers to sell their good and services to.