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A comment on Letter from a Young Distributist: Georgism and Distributism. Parent comment

Re:Letter from a Young Distributist: Georgism and Distributism by geocon on Thursday April 28, 2022 @02:48PM (#31196607)
I think you have a mistaken view of who is actually making money in this equation. Developers do not make all that much money from building housing, which is actually a productive contribution to society. Homeowners, on the other hand, make hand over fist by simply sitting on land absorbing rents: https://pbs.twimg.com/media/EyJN_g3UUAIW0f0?format=jpg&name=...

https://www.wsj.com/articles/homes-earned-more-for-owners-th...

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Re:Letter from a Young Distributist: Georgism and Distributism by TimPC on Friday April 29, 2022 @09:01AM (#31204528)
The top five developers in my area have seen their market value rise over 30% in the last five years. Most of the development in my area is one of the top five. I’d like a better source for saying developers aren’t making money in big markets where land value goes up quickly.
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