this post was submitted on 22 Apr 2024
1032 points (81.3% liked)
A Boring Dystopia
9894 readers
599 users here now
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--If a picture is just a screenshot of an article, link the article
--If a video's content isn't clear from title, write a short summary so people know what it's about.
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Functionally what happened in East Asia, with "Investment Property" glut leading to the Evergrande bankruptcy, the current Seoul real estate bubble, and the 1990s Chiyoda-ku bubble which valued downtown Tokyo at a higher price than the entire nation of Canada.
Housing reform has been on the menu across the Pacific Rim for decades, thanks to the bid-price of land wildly outpacing its utility value.