4 ms·
This paper is an order of magnitude more interesting than the topic article. Thanks!
by laretluval 10y ago
This paper is an order of magnitude more interesting than the topic article. Thanks!
- eru 10y agoThanks for appreciating it. I do like it, too. However, my policy recommendation differs from the author: use a land tax to cut down land valuations. One goal is of course to allow substituting capital for land (ie higher houses) to make housing cheaper. There's a reinforcing cycle: less NIMBYs, leads less restriction on that substitution, leads to less NIMBYs as per the paper.