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Land is fixed, but only valuable because of the location it is situated in. And what happens as the location is not fixed. You cannot make more land, but you c
by dauertewigkeit 3y ago
Land is fixed, but only valuable because of the location it is situated in.
And what happens as the location is not fixed.
You cannot make more land, but you can alter the value of locations with incentives and taxes and government programs.
Part of the solution could be governments shifting people and jobs around to secondary less popular cities.
- robertlagrant 3y agoAlmost every company doesn't employ people in incredibly high price locations. They can't afford to. And some of the ones that can will sometimes move, but they'll do it for bottom up reasons, not for political, state-led ones. Also, the big contributor is Zoom. If you can work from anywhere, as some jobs can because of Zoom, you can live anywhere.