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> The people that said you wouldn't be able to afford an apartment in overcrowded SF were dead-on right. The people who predicted widespread traffic jams were r
by bufordsharkley 10y ago
> The people that said you wouldn't be able to afford an apartment in overcrowded SF were dead-on right. The people who predicted widespread traffic jams were right.
One doesn't need be a Malthusian to have predicted this. This is a simple consequence of Ricardo's Law of Rent, and the Tragedy of the Commons.
And in fact, the problems have been exacerbated by Malthusian-style rationing (ie Prop 13), the exact opposite of Georgist-style solutions for housing and traffic.