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by robocat
30 days ago
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> housing has been turned into a zero sum game Not really. Land has always been zero-sum because there is a limited amount to compete for. And location is status, even in high density developments (status is often seen as zero-sum). Book review of Bird's The Land Trap that contains nice detail of unobvious monetary implications: https://progressandpoverty.substack.com/p/book-review-the-la... |
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What? Yes, but you misunderstand.
When you (intentionally) make expanding the housing supply illegal or practically impossible, then you've turned housing into a zero-sum game.