Re:Poor land use in the world’s greatest cities carries a hu...
by olefoo on Wednesday April 01, 2015 @07:14PM
(#9307649)
Whether you work or not doesn't cost me anything. But if you're hoarding a natural resource and playing games with the supply then you're costing me in increased rents; not just for me but for everyone around me. Your actions are creating a negative economic externality that I am not being compensated for. Extracting rents is a form of theft from society; a diffuse and difficult to trace theft but real, damaging and if allowed to continue unchecked a threat to the stability of society.
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