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The market would be forced to adjust. Beef, dairy, and other products that come from farms would become much more expensive. And that's not necessarily a bad t
by throwaway2016a 10y ago
The market would be forced to adjust. Beef, dairy, and other products that come from farms would become much more expensive.
And that's not necessarily a bad thing (possibly not a good thing either). For example, it may force the adoption of vertical farms and force people to cut down on their meet intake which probably has a net health benefit.
A real problem with that is how to value property. Property is not always easy to value. For example, I'm pretty sure the tax office values my house by fair dice roll. (joking, hopefully obviously)