This is a misconception that a few hundred of devs in a city can do this.
What drives the price of real state up is lack of new developments, low interest rates, and instutional investors using the housing market as a security instrument. The same thing can happen all over the world and is happening in the US and Canada at an alarming rate.
What drives the price of real state up is lack of new developments, low interest rates, and instutional investors using the housing market as a security instrument. The same thing can happen all over the world and is happening in the US and Canada at an alarming rate.