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So that people make more crypto and NFTs instead of developing more housing?
by Hamuko 5y ago
So that people make more crypto and NFTs instead of developing more housing?
- llimos 5y agoSo they can push up the price of crypto and NFT's instead of pushing up the price of housing. Real estate is a zero-sum game since there is a finite amount of land and it's controlled by the government. Many many people wish they could develop more housing, but they can't.
- endomorphism 5y ago
- deleted 5y ago[deleted]
- chottocharaii 5y agoDevelopment of land increases living space … More lucrative apartment prices ensure more profitable development …
- _aavaa_ 5y agoyes, but more profitable development does not ensure more affordable developments
- Scea91 5y agoIt is not a zero sum game. There are just finite resources, but that is nothing unusual. In the grand scheme of things there are finite resources in every physical system.
- mdoms 5y agoIn most places the housing bottleneck has nothing to do with house prices, it's planning and consent restrictions, and a lack of skilled labour availability.