Hyp: when urban residential real estate becomes 1% speculation/capital storage asset, 99% must become nomadic
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In this picture seems like AirBnB has to be a net good. Acts like a derivative instrument to reliquefy unused stock for partial local value
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Thought experiment: you only allow ownership with no capital controls stopping remote ownership. And no AirBnB. Cities would necessarily die
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I think self driving ubers (and no traffic jams) "extend" downtown to anywhere you can get in 20min.
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