Tweet [1]
… is from page 210 of David Friedman’s excellent 1996 book, Hidden Order [2]:
Suppose the English government requires (as it does) that greenbelts be established around major cities. That reduces the amount of residential land – driving up rents. A law that is defended as a way of protecting urban beauty against greedy developers has as one of its effects raising the income of urban landlords at the expense of their tenants.