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Does Georgism Work? Is Land Really A Big Deal?

Astral Codex Ten Podcast

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The Value of Urban Real Estate Is Land

Most valuable properties are situated in coastal urban areas. If you build a shack in the desert, nearly 100 % of the property's value will come from the land because the land is worthless. Land ownership is highly concentrated among the wealthy. It's more expensive to live in the heart of new york city than in the middle of nebraska.

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