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"Land rents" are the increase in value of a plot of land caused by its location. As more people fill an area, network effects raise production. This means peopl
by ArkyBeagle 10y ago
"Land rents" are the increase in value of a plot of land caused by its location. As more people fill an area, network effects raise production. This means people have more money to spend on land to have access to this network.
So yes. Land Is Different.