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> That can crash the rental market. At this point I think that's exactly what we need in a lot of places.

• throwburn202605 4mo ago
  I was told capitalism made for efficient use of resources.(inb4 oh you sweet summer child) If the land isnt being used efficiently the owning entity should fail and a new productive use made. Whether thats tearing it down for the public to get better use of the land; rerouting roads, community swimming pool, park etc. Replacing with a more economic building; factory, stadium, appartments (zoning not withstanding). Or a more productive entity getting use of it. Bagholders being entrenched and protected are becoming a weight around the neck
  • prepend 4mo ago
    It’s more efficient than other market allocation methods. But it’s not perfectly efficient.