&gt; the assumed lost of revenue due to inflated land costs is not actually &quot;costing&quot; anything.<p>Sure it is.<p>It even has a name: opportunity cost.<p>If I had the opportunity to sell my underwear for 1000$, but I chose not to, this decision cost me 1000$.<p>Say you make $300 a day.
One morning, I wave my gun in front of your front lawn and strongly suggest you don&#x27;t go to work today. Your daily expenditure will be somewhat the same as every other day (mortgage, food, electricy, etc) ... Will you say I didn&#x27;t cost you anything?