3 ms·
> But there are supply constraints, there is a finite amount of land to build on as well as a planning system and a cabal of builders banking land. While you'r
by bhupy 6y ago
> But there are supply constraints, there is a finite amount of land to build on as well as a planning system and a cabal of builders banking land.
While you're right that there is a finite amount of land, we haven't even come close to reaching the practical limit of how much housing we can construct on that land: https://marginalrevolution.com/marginalrevolution/2016/08/laissez-faire-in-tokyo.html https://marginalrevolution.com/marginalrevolution/2016/08/la...