And there's not a shortage of land anywhere in any country I would posit for municipal development. What there is a shortage of is political viability. What actually strangles this concept is It's not capital, it's not developable land. It is vetocracy. It is the number of veto points webbed throughout the, the network of, of operations. Right. And the UK has struggled with this as much as the United States has. (08:45–08:56)
CLAIM
Asserts that the main obstacle to development is vetocracy, not capital or land.
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