Artificial scarcity is critical to making bitcoin secure. But artificial scarcity in housing, imposed by NIMBY local politicians is hopelessly immoral and one of the most economically damaging policies this country has inflicted upon itself.
Canada has the second largest land mass in the world, and one of the worst housing bubbles. Nothing can get built.
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Because people want to live close together, it turns out.
Hahaha. Yes.
And I’d like agree with your earlier statements about artificial scarcity.
