I second this. Land is not naturally scarce. What is scarce is land near good jobs. I believe one of the major drivers of housing prices is the ratio of jobs to housing in a given area. In parts of San Francisco the…
I second this. Land is not naturally scarce. What is scarce is land near good jobs. I believe one of the major drivers of housing prices is the ratio of jobs to housing in a given area. In parts of San Francisco the…