by Jim Rose in development economics, economic history, growth miracles, urban economics Tags: Generation Rent, housing affordability, housing prices, Japan, land supply, land use planning, NIMBYs, South Korea, zoning

Source: International House Price Database – Dallas Fed

Note: The house price index series is an index constructed with nominal house price data. The real house price index is an index calculated by deflating the nominal house price series with a country’s personal consumption expenditure deflator.