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Re:The $3500 Shirt – A History Lesson in Economics by spikels on Sunday January 25, 2015 @12:27PM (#8943460)
You are confusing land and housing - they are not the same. Land area is fixed but habitable space is not. In built up areas the constraint on building new housing is largely regulatory (mostly planning regulations).
Re:The $3500 Shirt – A History Lesson in Economics by stolio on Monday January 26, 2015 @04:51PM (#8949818)
I lump land and housing together because that's how reality does it. Aside from trailer-houses they all stay on one piece of land for the duration.

If an analysis depends on houses being able to fluidly change land positions I don't think it would be very useful.