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This is a very old problem. In 1879, Henry George called it the paradox of progress and poverty. Prosperity causes land values to go up, and this inevitably cre
by nwah1 8y ago
This is a very old problem. In 1879, Henry George called it the paradox of progress and poverty. Prosperity causes land values to go up, and this inevitably creates a class of winners and losers. Some of the losers can't afford rent at all.