The short simple version: red tape. Every construction requires bidding processes, piles of permits, environmental studies, input periods from the community, etc. 100 yrs ago, someone could buy land, and have the permits in short order due to less requirements (and an easier time greasing palms). Now between real learned needs (such as the long-term environmental impact studies) and artificially needed reasons (I won’t list any to keep this neutral), you will have constant process stops and waits both for those permits and studies and while local/higher governments get involved to put their stamp on something. This is a great video, btw: https://youtu.be/dOe_6vuaR_s?si=Asxbv7ZlfYE1bOc6
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