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[–]x0x7 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

This is why land is expensive. The cost of ruining it is high. When you buy land you are basically paying the amount of all opportunity cost of what else it could be used for for all time adjusted by a time dependent discount factor.

So in a perfect free market if he bought the land and can never sell it he ate exactly the amount of cost that he should.