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2 is a big one. Yet another consequence of high land prices as now both partners are forced to work.

Another is the break up of wider family. Before people could live locally and they would have their grandparents local too, and aunts etc. Now that land rents are so high and work is god, together with low job security, people are forced to move to other parts of urban areas or even to different cities in order to find work.

Still everyone seems pretty happy with capital gains on their home that can never be realised because all other homes also went up in price, so perhaps it's worth the utter destruction of life as we know it!



Well you can always just move to a small town where the rent is cheap.

Oh wait, there's no decent-paying jobs there...


Rent is a function of wages. Land prices are a function of credit * wages. That's the point, the system scales up credit to absorb all productivity.




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