The minimum city
Is the world’s weirdest property market strangling the city that hosts it?
IN THE minds of Mumbai residents, whether they sleep on streets or silk sheets, property developers loom large. In films and novels, skyscraper-erecting baddies bring wealth and renewal—and often misery and violence. Yet in reality, buildings do not loom as large as you might think in Mumbai.
This article appeared in the Finance & economics section of the print edition under the headline “The minimum city”
From the June 9th 2012 edition
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