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Notes -
To a lesser extent this is true of housing in general. I think plenty of people would be happy living in much smaller houses/apartments if they were sure they could do so in a good neighborhood with other successful, like-minded people.
It makes me wonder about the legality of constructing some kind of "landshare" where people need to literally buy their way into the community. Most of the money would be going not towards the land they're buying, but some kind of community trust holding an index of stocks. This way you still get the price gatekeeping without the inflated land prices.
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