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A comment on The $3500 Shirt – A History Lesson in Economics. Parent comment
The price you pay for rent is the price to keep everyone else off of that land for some period of time (or 1000x that to gain the right to 'own').
The idea is that if you can't afford the cost, you should give up that space to someone who can (presumably is making more money).
Resource scarcity is a "hard" problem, and the hard truth is that because something aren't unlimited, not everyone can get what they want.
There may come a day where we can't feed everyone.
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The price you pay for rent is the price to keep everyone else off of that land for some period of time (or 1000x that to gain the right to 'own').
The idea is that if you can't afford the cost, you should give up that space to someone who can (presumably is making more money).
Resource scarcity is a "hard" problem, and the hard truth is that because something aren't unlimited, not everyone can get what they want.
There may come a day where we can't feed everyone.