I don't think it's any of that. Or at least those sre all second order efdects.
It's a much more conformist, homogenized culture so there's less resistance in implementing policy on general.
Also, housing isn't an "asset" the way it is in the US. You simply don't place as much value on your house over there, so there's less resistance to renovating or outright demolishing houses every few decades. Americans would instead see money going down the drain.
It's a much more conformist, homogenized culture so there's less resistance in implementing policy on general.
Also, housing isn't an "asset" the way it is in the US. You simply don't place as much value on your house over there, so there's less resistance to renovating or outright demolishing houses every few decades. Americans would instead see money going down the drain.