31–40 of 60 posts
This has to be satire. No one can be this narrow minded. It sounds like this author wants the government to essentially own all of the land, and only those who can afford to (the rich) to actually do anything with it. What's valuable land? What is this tax actually for? I think this is satire and the author is trying to make a point about socialism or something, no one can be these inept at economics.
This is exactly the same system of ownership as now, and a type of tax that already exists in many countries, but at a higher rate. I'm not sure why this is so horrifying. I'm also not sure what makes it so hard for people to see the obvious fact that landlording is morally unjustifiable. Ideology is a hell of a drug I guess.
This has to be satire. No one can be this narrow minded. It sounds like this author wants the government to essentially own all of the land, and only those who can afford to (the rich) to actually do anything with it. What's valuable land? What is this tax actually for? I think this is satire and the author is trying to make a point about socialism or something, no one can be these inept at economics.
This is exactly the same system of ownership as now, and a type of tax that already exists in many countries, but at a higher rate. I'm not sure why this is so horrifying. I'm also not sure what makes it so hard for people to see the obvious fact that landlording is morally unjustifiable. Ideology is a hell of a drug I guess.
This has to be satire. No one can be this narrow minded. It sounds like this author wants the government to essentially own all of the land, and only those who can afford to (the rich) to actually do anything with it. What's valuable land? What is this tax actually for? I think this is satire and the author is trying to make a point about socialism or something, no one can be these inept at economics.
Earlier quoted context omitted.
This is exactly the same system of ownership as now, and a type of tax that already exists in many countries, but at a higher rate. I'm not sure why this is so horrifying. I'm also not sure what makes it so hard for people to see the obvious fact that landlording is morally unjustifiable. Ideology is a hell of a drug I guess.
I don't want to maintain a home or a yard, presently. Renting out apartments is perfectly moral and ethical when there are people like me around (that is, I have a choice and have chosen to rent over own). The risk is more of the "slum lord" sort, taking advantage of people without the choice due to whatever circumstances. It's a risk of immoral or unethical behavior, but it's not guaranteed. My landlords (the compan…
Earlier quoted context omitted.
100% of the rental income generated from land value (as opposed to buildings/improvements). Formula: total rental income * (value of land / value of land and buildings)
Why would anyone buy property under this regime?
That is a communist bullshit. To begin with, is there a housing crisis in America? In my books, there is more housing per capita in U.S. than in every other country of the world save for Australia, and it is also more modern that almost everywhere else except a few countries that built out from nothing in the recent years like China (but per capita housing stock is much much lower there, and that housing is Soviet-st…
Earlier quoted context omitted.
100% of the rental income generated from land value (as opposed to buildings/improvements). Formula: total rental income * (value of land / value of land and buildings)
Why would anyone buy property under this regime?
Earlier quoted context omitted.
I don't want to maintain a home or a yard, presently. Renting out apartments is perfectly moral and ethical when there are people like me around (that is, I have a choice and have chosen to rent over own). The risk is more of the "slum lord" sort, taking advantage of people without the choice due to whatever circumstances. It's a risk of immoral or unethical behavior, but it's not guaranteed. My landlords (the compan…
Absolutely, renting is a lot more convenient in many ways. Most people only buy for investment/financial stability reasons. Once you remove the land speculation incentives, I think you'd find that more people would rent.
I'm also not sure what makes it so hard for people to see the
obvious fact that landlording is morally unjustifiable.
Earlier quoted context omitted.
Could you explain why it's a horrible idea? Merely asserting it isn't the same as refuting the article (which lays out some arguments) and doesn't really add anything to the discussion.
Income from idle land is certainly unearned. But little idle land can earn anything (grazing land, I suppose, but then you still may have some maintenance or security you provide). Anything else will be earning income not from the land, but things built on the land, grown on the land, etc. A house that I have built (or maintain) isn't land, it's a house. It requires land to sit on. So when I rent it out, what percent…