The shift from agricultural to industrial economies dramatically changed land value from being based on what you could grow or mine from it to being based around cities, which created a much more fixed supply because cities can only grow so large based on transportation technology available at the time.
causalpending
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Michael BirdEvidence Quote
“the huge change obviously in the Enlightenment area era and and going forward was the move to industrialization and urbanization changing the value of land from primarily agricultural based on what you could grow from it or mine from it”
Created: 8/11/2026, 7:18:57 AM
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