Every form of land regulation has drawbacks that accumulate over time and eventually become problematic; the Chinese leasehold system worked well for a long time until diminishing returns and overuse created current crises.
causalpending
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Jonah GoldbergEvidence Quote
“almost every form of land regulation has a drawback that over time can accumulate...the way the Chinese adopted the British system worked for them for a really long time...until the point of diminishing returns.”
Created: 8/11/2026, 6:26:55 AM
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