3 ms·
There’s no insurmountable conflict between stability and efficiency. Just as landlords offer 10-year leases to commercial tenants who desire stability, the gove
by yonran 8y ago
There’s no insurmountable conflict between stability and efficiency. Just as landlords offer 10-year leases to commercial tenants who desire stability, the government can offer 10-year (or longer) insurance products against the risk of increased land value.