The value of assets like a house in a city like London is not solely due to the physical structure but also the access to common goods such as labor markets, schools, and public communities. The true value lies in the monopolistic access to these common goods rather than the asset itself. Hence, it is crucial to focus on common goods like tree canopies, river systems, air quality, mental health, and the material economy to build an economy that is not only based on private assets but also on shared resources to prevent rent-seeking systems.

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