Rent rises whenever things improve, but those returns don't help everyone, nor do they help the people responsible for the improvements. Rather, they help the select fortunate landholders who are profiting by owning prime locations, particularly urban locations.
http://www.washingtonpost.com/blogs/wonkblog/wp/2015/03/19/m...
Rent rises whenever things improve, but those returns don't help everyone, nor do they help the people responsible for the improvements. Rather, they help the select fortunate landholders who are profiting by owning prime locations, particularly urban locations.