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I'm really curious about the pros and cons here. Neither way seems obviously better than the other. Why is concentration worse than distribution? Why is distrib
by sanderjd 8y ago
I'm really curious about the pros and cons here. Neither way seems obviously better than the other. Why is concentration worse than distribution? Why is distribution better?
- ip26 8y agoConcentration begetting more concentration combined with an unwillingness (don't underestimate SV's ability to dig in its heels) to develop leads to a real estate black hole for dollars, where an ever increasing portion of wealth is diverted to the competition for a place to live.
- firethief 8y agoThat's not tying up wealth, it's tying up money, and I don't see how that is even one of the many problems with the situation in e.g. SF.
- deleted 8y ago[deleted]