And similarly, I have seen with my own eyes similar housing market dynamics in these locations, as they are becoming increasingly popular. This is why we invited you all here, to discuss some serious questions. Do we agree on the analysis of the problems in this field? Could we learn from each other’s best practices? Is there one solution?
My view But first, please allow me to share my view. As a resident, as the president and of course as an economist. While the increased popularity of cities worldwide may be good news for these places, and for homeowners, it also poses challenges. Demand for urban housing is strongly outstripping supply. This leads to the surge in housing prices that we are seeing.