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by ZainRiz 2264 days ago
Sounds like a solution only an econ could think up of, which doesn't take into consideration other external factors that would apply specifically to the person holding the property, such as: - human psychology (loss aversion, endowment effect, mental anxiety due to risk of being forced to sell your property) - switching costs (monetary, mental, time spent searching for alternatives, costs to moving to something else) - replacement costs (transaction costs, etc)