Serfing the Future?

How we reverted to a feudalistic state is a complex and infuriating story. Critical to this change has been a planning theology that holds density itself as intrinsically good and that purposely seeks to block housing on the periphery for societal, and environmental reasons. Where implemented, this approach has driven up prices, as evident in places like Sydney, Vancouver, San Francisco, London, and Paris. This has been a boon to speculators and well-heeled developers, but makes middle-class housing unaffordable to the middle class and intensifies the poverty of poorer residents.

via quillette.com

Joel Kotkin. I think he’s onto something.