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I'm sympathetic to this view ... but on the other hand, every major metro area basically just set a floor for how much they're will to give out in tax breaks an

I'm sympathetic to this view ... but on the other hand, every major metro area basically just set a floor for how much they're will to give out in tax breaks and perks to rich tech companies to bring in fancy real estate deals. There's something deeper going on here, where tech is investing money they seemingly don't know what to do with in land.

ethbro 7y ago
> There's something deeper going on here, where tech is investing money they seemingly don't know what to do with in land. ... And before tech, video media. ... And before video media, radio. ... And before radio, railroads. ... And before railroads, newspapers. ... And before newspapers, ship captains. ... And before ship captains, cathedrals. ... And before cathedrals, banks. ... And before banks, kings. If you're the currently atop the economic pyramid, you inevitably splurge on real estate.