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by throwanem
309 days ago
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How does reducing returns on land ownership make consolidation less likely, when improvement revenue looks to scale more or less proportionately - and superlinearly - with the area of contiguous property owned? If you buy a storefront, you can run a shop. If you buy the block, you can build a skyscraper and lease or rent out all the retail space, not to mention the apartments under the condos under the penthouses, all of which also make you money, of course. But again and still, we see Georgianism as the "camel's nose" for a complete overhaul of the economic and fiscal underpinnings of American society, and while this is a good time for such conversations - everyone else is coming off the fringe! Why not the remaining L. Neil Smith fans, once they've got their trusses and orthotics all in order? - for generally similar reasons I wouldn't expect to encounter a tremendously credulous public. |
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