Earlier quoted context omitted.
I tend to lean libertarian on most issues, but I am starting to think it just doesn't make very much sense for people to own land privately. it's one of the only things in the world that is truly scarce (ie, you can't make more plots in the upper east side), and the value of land tends to be based much more on improvements to the surrounding area than improvements to the land itself. also, land ownership seems to lea…
An alternative that some libertarians seem to like is the land value tax, as proposed by Henry George. https://en.wikipedia.org/wiki/Land_value_tax It has the problem that if you think existing property rights in land are legitimate, instituting it looks like a massive expropriation. Also, you can't avoid getting priced out of your home by buying it. It apparently has some pretty large economic efficiency and incenti…
> Also, you can't avoid getting priced out of your home by buying it.
this is part of what I was getting at in the "land is one of the only truly scarce things" bit. I don't think the expectation that you should be able to afford to live on a specific piece of land forever is reasonable.