4 ms·
No more land can be manufactured, supply is inelastic. In urban areas you are going to have to bid against everyone else and the highest bidder, who agrees to w
by branchless 8y ago
No more land can be manufactured, supply is inelastic. In urban areas you are going to have to bid against everyone else and the highest bidder, who agrees to work for the most years for the land, wins.
Rezoning isn't going to fix this IMHO. It might help, but you will reach a limit and then have the same root cause to deal with: rentiers.