I suppose revolutions are a good way of bringing down land prices to the point where the revolutionaries can afford them.

SimpleStacker

Right, prices will still come down even though people need to find something that fills the same role.

It’s like “If it’s expensive, don’t buy. But if it’s necessary, find substitute.”

Fenix

econ

By Jekaterina Liachovic
> No matter how “inelastic” the demand, excessively high prices cannot persist indefinitely without human action.

I had never heard of this law before. The idea's pretty straightforward, though, if a bit arbitrary.