Friday, October 9, 2015

Systemic bias against small scale development

"In a market exchange — what Patrick and Wagner call a dyadic exchange — two parties come to an agreement and make a transaction that both parties anticipate will make them better off. However, in government land disposition, parties who are not directly involved in the deal are still affected by its outcome." [link to Market Urbanism article](http://ift.tt/1L1HkUv)

link: http://ift.tt/1LbQxuz