Re:Tax details of US super-rich allegedly leaked
by sneak on Wednesday June 09, 2021 @03:42PM
(#27452187)
> Either there is enough new land, then people eventually spread out (and prices revert to the CPI, to the cost of construction), or there isn't enough land and homelessness increases as more and more people are completely priced out.
It's not binary. People like to live near other people in cities. Demand to live close to one's job, friends, activities, and loved ones drives up prices in dense areas even with unlimited room to expand elsewhere.
Desirable locations are desirable even on an infinitely-sized map.
It's not binary. People like to live near other people in cities. Demand to live close to one's job, friends, activities, and loved ones drives up prices in dense areas even with unlimited room to expand elsewhere.
Desirable locations are desirable even on an infinitely-sized map.