Wednesday, April 17, 2013

Noahpinion: Will land prices rise as population rises?

Noahpinion: Will land prices rise as population rises?: "Just a quick post here. Bill McBride , like many others, thinks that rising population implies that housing prices should have a long-term [...]".

Noah Smith presents valuable arguments against a silent sort of common sense that population growth will lead to increased land prices in the long term. It is really worth to take a look!