| ▲ | don_esteban 8 hours ago | ||||||||||||||||
> Can you show me a place with high local productivity and low rent? Put the following prompt into your favourite AI and enjoy the reading: "How do rents relate to productivity in the area? How does Vienna compare to San Francisco?" | |||||||||||||||||
| ▲ | estearum 7 hours ago | parent [-] | ||||||||||||||||
Vienna? World famous for publicly-funded housing construction? Try this one: "Create a simple analysis approximating how much higher rents would be in Vienna if not for the aggressive public subsidization of supply" In any case, Vienna has a good system! But it's not that it avoids high productivity → high rent, it's that it splits rent into subsidy costs and rent. In other words, the amount of subsidy + rent required will grow with local productivity. | |||||||||||||||||
| |||||||||||||||||