alt Hacker NewsEurope and USA are both huge places so it depends what you mean. If you compare major east coast cities - Boston, DC, and NYC to European metros like Paris/ Madrid/ Lisbon the biggest tax on the citizens is the same in that it’s impossible to build anything so a huge % of income needs to go to housing.
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zhdc1 • yesterday at 4:35 PM
East coast cities were built before modern building codes.
Something that, for some reason, people in the states don't want to accept is that - when given the choice - the vast majority of people prefer living in dense urban environments.
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Well, Japan isn't much different in terms of the share of income that goes to housing: https://housingpolicytoolkit.oecd.org/2.H_conso.html