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It's certainly possible, could you elaborate? To clear, I haven't read that wikipedia article recently, or maybe ever. I'm going off of what my understanding is of Ricardian rent from wherever I learned it-- I don't remember maybe an economics class, maybe a blog.


Ricardo is never referring to land in the use of housing, he's referring to land in the use of production.

EDIT to expand given downvotes on prior post: You claim:

> ...all the bounty of our efforts will accumulate to the holders of fixed assets, namely land and human talent.

Ricardo says nothing of the sort here. Especially so, nothing about human talent. Ricardo strictly makes claim that the rent of land will be equal to marginal value of that land in the use of production. So if a given unit of land would increase the production of an enterprise by $X/yr, then the owner of that land can charge the owner of that enterprise up to $X/yr. This has nothing to do with housing and certainly nothing to do with human talent. Housing is far more complicated given how one might think about demand. We also haven't even talked about how economic rent/economic value defers from just like dollars of revenue or whatever.


A house in a major tech hub is more valuable than one in the sticks because tech workers can command higher wages there than elsewhere.

They are more "productive" on that land. They'll tend to outbid other potential users, at least if tech gentrification complaints are to be believed.

This all falls in line with the theory imho.

I don't think there's any real difference between that and good soybean land, or goat raising land or whatever that Ricardo wrote about.

The general idea is that for non-remote office workers, housing is a factor of production.


Quality of life is a form of production.


Even allowing that, it still doesn't come close to Ricardo's Law of Rent implying that

> all the bounty of our efforts will accumulate to the holders of fixed assets, namely land and human talent.




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