A house in a major tech hub is more valuable than one in the sticks because tech workers can command higher wages there than elsewhere. They are more "producti

A house in a major tech hub is more valuable than one in the sticks because tech workers can command higher wages there than elsewhere. They are more "productive" on that land. They'll tend to outbid other potential users, at least if tech gentrification complaints are to be believed. This all falls in line with the theory imho. I don't think there's any real difference between that and good soybean land, or goat raising land or whatever that Ricardo wrote about. The general idea is that for non-remote office workers, housing is a factor of production.