> "1. People have wildly incorrect intuitions about where land value is concentrated"
Fwiw this sort of land value gradient has been studied in economics for ages. See papers on monocentric city model, going back to Alonso (1964), Muth (1969), and Mills (1967). Or even further back, von Thünen was talking back in 1826 about how land values spike as you get closer to the marketplace.
Fwiw this sort of land value gradient has been studied in economics for ages. See papers on monocentric city model, going back to Alonso (1964), Muth (1969), and Mills (1967). Or even further back, von Thünen was talking back in 1826 about how land values spike as you get closer to the marketplace.