I realized when living in the bay area that we were likely witnessing massive loss of potential wealth, monetary and otherwise
Eliminating artificial constraints on the housing supply in just New York, San Francisco & San Jose could feasibly increase the U.S. GDP by 9.5% https://chicagounbound.uchicago.edu/cgi/viewcontent.cgi?article=1045&context=housing_law_and_policy …pic.twitter.com/Cr2YVUf5PT
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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I don't know a thing about real state or Bitcoin, but isn't Bitcoin supposed to be valuable in part because there's a limited number of them and therefore it's deflationary and not inflationary? No constraints would mean more houses, but maybe lower prices. GDP could be lower.
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That doesn't mean it shouldn't be done. Quite the contrary.https://trylks.wordpress.com/2017/12/30/not-to-be-confused-money-wealth-and-value/ …
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So you are saying you trust your naked intuition against their carefully calculated predictions? Tell me more, Nostradamus.
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