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Hong Kong at least happened much because of Georgist taxation of land rents. When people can commute ten more miles and divide the cost of living there by a fac
by ArkyBeagle 11y ago
Hong Kong at least happened much because of Georgist taxation of land rents. When people can commute ten more miles and divide the cost of living there by a factor of ten, they will. So don't hold your breath on "getting rid of cars" any time soon without some incentive for capturing land rents. For now, we use cars for that.
And it's interesting that we still talk about "shops & restaurants". Other than craft/fine dining, those can eventually be highly virtualized in terms of logistics and depend much less on place.