Housing Shortages and the Intangible Economy

This chapter examines how housing shortages in prosperous cities impede economic growth and reshape traditional economic theories, especially post-2008. It explores the dynamics of the intangible economy and its influence on urban development, emphasizing knowledge transfer and the significance of face-to-face interactions. Additionally, the discussion addresses the evolution of production economies, the role of energy costs, and the impact of scalable technology on competition and market dynamics.