Very nice piece explaining housing prices with some simple, easy to understand, models. I like it.
Generally speaking, as I will explore in an upcoming essay in Risk & Progress, we want our cities to be big. Scaling laws show super linear outputs (GDP, incomes, patent applications…etc) as the population grows with sublinear inputs (highways, phone lines, electric lines…etc).
Very nice piece explaining housing prices with some simple, easy to understand, models. I like it.
Generally speaking, as I will explore in an upcoming essay in Risk & Progress, we want our cities to be big. Scaling laws show super linear outputs (GDP, incomes, patent applications…etc) as the population grows with sublinear inputs (highways, phone lines, electric lines…etc).