To both you and malloc: you can use land, or rent it out, while holding it speculatively. The two aren't mutually exclusive.
It's another question whether it's bad if people speculate on it. The main problem I see is the uncertainty and risk to landowners; risk is generally bad and unwanted.
To both you and malloc: you can use land, or rent it out, while holding it speculatively. The two aren't mutually exclusive.
It's another question whether it's bad if people speculate on it. The main problem I see is the uncertainty and risk to landowners; risk is generally bad and unwanted.
To both you and malloc: you can use land, or rent it out, while holding it speculatively. The two aren't mutually exclusive.
It's another question whether it's bad if people speculate on it. The main problem I see is the uncertainty and risk to landowners; risk is generally bad and unwanted.