> Conventional market theory assumes that supply will rise to meet demand The supply of land (in the economic sense) is fixed, and will never increase. > How

> Conventional market theory assumes that supply will rise to meet demand The supply of land (in the economic sense) is fixed, and will never increase. > How do homeless people maintain wealthy people? It's not homeless people that maintain land wealth, but rather those without land. Land only has any value at all because it commands a rent (in excess of its holding costs), and that is only the case because there are people who don't own in land (in areas they'd like to be), and thus have to pay rents to those with land. The "increasing supply by increasing density" route will reduce costs on units, but it will leave the portion of wealth owned by the landed class untouched.