Real estate economics

Rentiers and the future

After much investigating housing markets in Australia, I wrote a post the property market is pollution to summarise my feeling about the real estate trap, and then even more stuff on housing.

I have now convinced myself that just when the world needs dynamism and innovation we are instead spending our time trying to extract rents from the landless. The resemblance of this system to feudalism is troubling me.

Ongoing notes in that theme here.


You cannot take it with you, turns out

Incentive fairy dusting everything with choking clouds of money


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