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by protocolture 381 days ago
>The supply of land is fixed.

The supply of land is not fixed, its highly regulated.

In my country, the state governments have land release targets roughly matching population growth, they have never met these targets.

Then there's zoning. We have wild agricultural zoning practices that prevent agricultural land, even shitty agricultural land, from becoming residential.

Zoning and Regulation limit land supply.

1 comments

The land that is 'released' also already exists. It's just in government hands.

> Then there's zoning. We have wild agricultural zoning practices that prevent agricultural land, even shitty agricultural land, from becoming residential.

Yes, there are land restrictions. But that limits land use. Not the total amount of land.