Thankfully rising land prices due to agglomeration effect is not a thing and the number of people in town is constant...
Don’t get me wrong, building more housing is good, actually. But it’s going to be only marginal improvement, without addressing the systemic issues with land capturing a huge share of economic gains, renting economy and real-estate speculators. These issues are not solvable without a substantial Land Value Tax.
Thankfully rising land prices due to agglomeration effect is not a thing and the number of people in town is constant...
Don’t get me wrong, building more housing is good, actually. But it’s going to be only marginal improvement, without addressing the systemic issues with land capturing a huge share of economic gains, renting economy and real-estate speculators. These issues are not solvable without a substantial Land Value Tax.