Monday, September 05, 2005

homelessness and land rent

After the hurricane, many people are looking for shelter, or to rebuild. This might be a good time to remember that under land rent, nobody makes a profit from just sitting on a land monopoly. As a result, the demand for land goes down and the supply goes up, so the price of land falls. Which is good news for those who need somewhere to live.

0 Comments:

Post a Comment

<< Home