The return on investment in land as a pure asset (outside of tourism and Veblenian status goods) is diminishing in the 21st century as dematerialization and remote work reduce the economic value of physical proximity.
forecastpending
Speaker
Jonah GoldbergEvidence Quote
“the simple fact is is that that um well that stuff still matters for heavy industry um the the ROI on land qua land outside of tourism and and um sort of Veblen-esque, you know, living standards is uh lessening, right?”
Created: 8/11/2026, 7:18:57 AM
My Notes
Loading notes...