在许多国家，大部分财富 — — 以及财富增量中的大头 — — 都由住房和商业地产贡献，并且这些财富的大部分并不在于建筑的价值，而在于建筑所在城市土地的价值。
In many countries, the majority of that wealth – and the lion’s share of the increase – is accounted for by housing and commercial real estate, and most of that wealth resides not in the value of the buildings, but in the value of the urban land on which it sits.