Well yes, that's what the article says, eventually, except you have to wade through a whole bunch of BS about construction costs to get there. It seems to be m

Well yes, that's what the article says, eventually, except you have to wade through a whole bunch of BS about construction costs to get there. It seems to be mostly wrong about _why_ land is more expensive than it's ever been, blaming it on various policy initiatives. Really though, land is more expensive than ever before because there are more people than ever before. Also, because we're richer than ever before (in terms of the amount we have left over after paying for groceries etc) and hence are willing to spend a higher portion of our income to secure one of the limited number of blocks of land which are in a convenient location.