2 ms·
> But more importantly to that cost is the land which has to be bought. I've been increasing thinking this is a negative effect of fictionalization and the res
by Gibbon1 6y ago
> But more importantly to that cost is the land which has to be bought.
I've been increasing thinking this is a negative effect of fictionalization and the resulting explosion in property prices. If the government needs to buy some land it competes with investors with access to free money from the central banks.