Comments on: Only six commercial towers over 300 metres were built in the US in the first two decades of this century https://www.isegoria.net/2025/07/only-six-commercial-towers-over-300-metres-were-built-in-the-us-in-the-first-two-decades-of-this-century/ From the ancient Greek for equality in freedom of speech; an eclectic mix of thoughts, large and small Mon, 20 Apr 2026 16:05:08 +0000 hourly 1 http://wordpress.org/?v=3.6.1 By: Jim https://www.isegoria.net/2025/07/only-six-commercial-towers-over-300-metres-were-built-in-the-us-in-the-first-two-decades-of-this-century/comment-page-1/#comment-3758861 Jim Fri, 25 Jul 2025 13:21:00 +0000 https://www.isegoria.net/?p=53297#comment-3758861

Local governments were lush with capital and strongly incentivised by the Chinese national government

Did the author mean to say, “Local governments were flush with capital”?

More topically, America is engulfed in a vastly greater crisis in real estate than China’s: scarcity, especially an artificially induced strangling scarcity. To “investors” in real estate, however, scarcity is not only desirable but actually necessary, because banks, landlords, and other parasites care nothing for the real utility of a structure to its inhabitants, only its financial utility to themselves. Indeed, the continuing non-bankruptcy of the FIRE “economy” is utterly dependent on there being no further net development, and in modern history the most effective driver of the artificially induced strangling scarcity and greatest boon to the ambient value of real estate has been the forcing function of forward-deployed H. erectus.

]]> By: Bob Sykes https://www.isegoria.net/2025/07/only-six-commercial-towers-over-300-metres-were-built-in-the-us-in-the-first-two-decades-of-this-century/comment-page-1/#comment-3758860 Bob Sykes Fri, 25 Jul 2025 12:50:26 +0000 https://www.isegoria.net/?p=53297#comment-3758860 The real estate “crisis” in China is actually government policy. A couple of years ago, in the CPC’s general meeting, it was decided to force investment out of real estate and into manufacturing. At that time, China accounted for about 30% of world manufacturing, greater than the next four, US, India, Germany, and Japan, combined. (Actually, Russia has now replaced both Japan and Germany world manufacturing rankings.)

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