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There is already evidence that increases in the supply of housing bear down on housing costs over the long term, but until recently there has been little evidence on the short-term and local impacts of new supply on affordability, not least due to challenges identifying causation
Seestadt (‘lake city) is on the site of the Aspern Airfield, which closed in the 1970s. The first residents arrived in 2014 (a year after the metro line extension to the area opened). Population is expected to grow from 9k at present to 25k by 2030, with space for 20k jobs too.
For the first time since 2004, growth in the number of homes in London outpaced growth in both population and the number of jobs, but there’s still quite a gap to make up.
https://twitter.com/mugecevik/status/1257392347010215947Average household size in Tokyo, 1.99 in 2015, is well below the national average of 2.33 (table 34 here e-stat.go.jp/en/stat-search…). Average household size in London is far higher at 2.69, above the UK average ons.gov.uk/peoplepopulati…
That street, closed at one end to traffic, is relatively unusual in having no markings to deter parking. This one, narrower and with more shops, has markings on both sides.