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A comment on Liberalizing Land Use Regulations: The Case of Houston (2020). Parent comment

Re:Liberalizing Land Use Regulations: The Case of Houston (2... by snidane on Monday May 03, 2021 @05:48PM (#27031180)
Economy hasn't changed much for what matters. Real estate/land is still the dominant market.

Economics changed however. Land is no longer a factor of production like it used to in classical economics. Real estate market, despite its size and 99% people involved with 50% of their salary in it, is just an afterthough for a modern economist.

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Re:Liberalizing Land Use Regulations: The Case of Houston (2... by foota on Monday May 03, 2021 @06:13PM (#27031505)
I don't think I'd say it's an afterthought for economists, I would argue that it's not talked about because it's pretty simple, but politics is out of touch with economics.
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Re:Liberalizing Land Use Regulations: The Case of Houston (2... by Ericson2314 on Monday May 03, 2021 @08:10PM (#27032552)
Orthodox neoclassic economics does tend to overly focus on supply constraints, and if you like suburbs for misguided reasons well....we're no where close to actually running out of land!
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Re:Liberalizing Land Use Regulations: The Case of Houston (2... by cma on Monday May 03, 2021 @07:17PM (#27032127)
Maybe it isn't completely dominant yet, but attention has had a strong run:

https://www.wired.com/1997/12/es-attention/

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