Tokyo’s population has grown and is growing, but that seems to account for most of Tokyo’s economic growth, not zoning regulations, since Tokyo’s GDP per capita shows fairly anaemic growth from 2001 to 2012 (can’t immediately find a longer time series).
I didn’t want to argue that the lack of zoning regulations produced economic growth but that rent is stable despite grows.
Ah, OK, I read your “political decision [...] is quite clearly responsible” as referring to your previous sentence, not your previous comment.
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Tokyo’s population has grown and is growing, but that seems to account for most of Tokyo’s economic growth, not zoning regulations, since Tokyo’s GDP per capita shows fairly anaemic growth from 2001 to 2012 (can’t immediately find a longer time series).
I didn’t want to argue that the lack of zoning regulations produced economic growth but that rent is stable despite grows.
Ah, OK, I read your “political decision [...] is quite clearly responsible” as referring to your previous sentence, not your previous comment.