3 ms·
Sorry, I should have consistently specified "urban" land. Urban land is not finite (cities grow) and is very high value-added. American policy makers have cho
by galimaufry 6y ago
Sorry, I should have consistently specified "urban" land. Urban land is not finite (cities grow) and is very high value-added.
American policy makers have chosen policies (eg zoning law) that make it easy to produce valuable urban residences. Now they have a massive competitive advantage in high-end residences, so of course they will become exporters.
- dragonwriter 6y ago> Urban land is not finite (cities grow) “Capable of growth” and “not finite” are not the same thing.
- galimaufry 6y agoI'm using 'finite' in the same colloquial sense as GP: > there is a fundamental difference between finite, rent-generating resources like land, and value-added goods
- dragonwriter 6y agoBut urban land is finite in every sense in which land is finite, so no matter what sense the poster was using it in regard to land, you are incorrect to say urban land is not finite.