4 ms·
“Just build an entirely new city from scratch bro. How hard can it be” Network effects is the answer. Anyway, not sure what this would prove. There is clearly
by ryeights 4y ago
“Just build an entirely new city from scratch bro. How hard can it be”
Network effects is the answer. Anyway, not sure what this would prove. There is clearly enormous demand for existing cities to be densified, as demonstrated by our densest, most walkable cities (NYC, SF, etc) having by far the highest rents and property values in the country, as well as the greatest economic outputs.
If you’re a free market economist, you should view it as a massive failure that regulatory capture and vested interests are able to prevent willing property sellers and developers from making this a reality.
- steponlego 4y agoI’m not a free market economist, luckily.