- cross-posted to:
- housing_bubble_2
- cross-posted to:
- housing_bubble_2
ID: A Sophie Labelle 4 panel comic featuring Stephie in different poses, saying:
Landlords do not provide housing.
They buy and Hold more space than they need for themselves.
Then, they create a false scarcity and profit off of it.
What they’re doing is literally the opposite of providing housing.
100% tax on the value of land is the policy proposal. It makes economic sense, would let us abolish regressive taxes on labor and sales, would incentivize more abundant housing. Seriously. This is the solution.
how?
a one-time 100% tax on the value of the land?
how does that change anything except make landowning less accessible to everyone except those born wealthy.
or is that the point, that you want nobody to own land at all?
I think I need some more context here
Sorry if I was unclear. It would happen continuously, over time. So like monthly or yearly, just like rent to a landlord.
no worries, this is a paradigm shift, lots of details to get lost in.
so you would pay 100% of the value of your property annually?
how?
how would those property values be estimated?
I don’t see how anyone could have a home if they had to pay multiple times their yearly salary every year.