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People are "willing to pay" rents only in the sense that people are willing to give a mugger their watch. Nobody made land. So why should some people be able t
by djrobstep 10y ago
People are "willing to pay" rents only in the sense that people are willing to give a mugger their watch.
Nobody made land. So why should some people be able to demand money from others for it?
- darawk 10y ago> People are "willing to pay" rents only in the sense that people are willing to give a mugger their watch. That's a silly comparison. You could say that about literally any product that's charging more than you feel like paying. > Nobody made land. So why should some people be able to demand money from others for it? Now that is an interesting question. I think there is a strong case to be made against the ownership of land in general. The fact that people have been allowed to own land seems like an odd historical quirk to me. I think it should probably be changed. That, however, does not make rent into extortion. It's still a commodity regulated by the same laws of supply and demand as anything else.
- djrobstep 10y ago> You could say that about literally any product that's charging more than you feel like paying. Exactly. Property is a system of violence.
- mark-r 10y agoThe concept of property taxes is the way governments prevent you from truly owning your land. I'm paying about $450/month for the privilege of owning my house. Renters here are able to apply for a property tax refund based on their rental amount.