Land under Manhattan worth $1.47 trillion, a 6.4% annual return since the Dutch settled it in the 1626. https://www.aeaweb.org/aea/2016conference/program/retrieve.php?pdfid=766 …
@gillibits @Pixelfox @pmarca they're probably lower though.
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@kimmaicutler@Pixelfox@pmarca It's billions in land value, in any case.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@kimmaicutler@gillibits@Pixelfox@pmarca I saw 8% vacant land cited in video on NYC today. Not sure to what extent that includes parking.Thanks. Twitter will use this to make your timeline better. UndoUndo
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