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1. Hamuko+(OP)[view] [source] 2022-01-20 20:08:51
So that people make more crypto and NFTs instead of developing more housing?
replies(2): >>llimos+N7 >>mdoms+B9
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2. llimos+N7[view] [source] 2022-01-20 20:36:53
>>Hamuko+(OP)
So they can push up the price of crypto and NFT's instead of pushing up the price of housing. Real estate is a zero-sum game since there is a finite amount of land and it's controlled by the government. Many many people wish they could develop more housing, but they can't.
replies(2): >>chotto+3r1 >>Scea91+9r2
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3. mdoms+B9[view] [source] 2022-01-20 20:43:23
>>Hamuko+(OP)
In most places the housing bottleneck has nothing to do with house prices, it's planning and consent restrictions, and a lack of skilled labour availability.
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4. chotto+3r1[view] [source] [discussion] 2022-01-21 05:32:08
>>llimos+N7
Development of land increases living space …

More lucrative apartment prices ensure more profitable development …

replies(1): >>_aavaa+IJ3
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5. Scea91+9r2[view] [source] [discussion] 2022-01-21 13:48:59
>>llimos+N7
It is not a zero sum game. There are just finite resources, but that is nothing unusual. In the grand scheme of things there are finite resources in every physical system.
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6. _aavaa+IJ3[view] [source] [discussion] 2022-01-21 19:06:19
>>chotto+3r1
yes, but more profitable development does not ensure more affordable developments
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