Rich elites buy-out all properties/flats in cities because its a better overall investment taking to account inflation.
People who slave in that situation consider themselves unhappy and thus consider moving to a houses outside of the city. Due to limited infrastructure outside of the cities -> only a part of outskirts are really habbitable for those families. The demand in this case is higher than supply.
Demand is so low only because city politicians are too inefficient in providing new places with infrastructure.
People who slave in that situation consider themselves unhappy and thus consider moving to a houses outside of the city. Due to limited infrastructure outside of the cities -> only a part of outskirts are really habbitable for those families. The demand in this case is higher than supply.
Demand is so low only because city politicians are too inefficient in providing new places with infrastructure.