@AnthonyLeeZhang @wdiamond_econ Is it true that SF maximizes land value? It maximizes value per cubic meter, but not clear that it maximizes value per square meter. Seems totally plausible that total land value would be much higher if SF population density increased to closer to Hong Kong levels.
@AnthonyLeeZhang@wdiamond_econ SF实现土地价值最大化是真的吗？它使每立方米的价值最大化，但不清楚它是否使每平方米的价值最大化。如果SF人口密度增加到接近香港的水平，那么总的土地价值会更高，这似乎是完全合理的。