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You don't need to tear this post a new asshole, it disproves itself. > No profit from land ownership means no price bubbles, because there’s no incentive (in f
by stagbeetle 9y ago
You don't need to tear this post a new asshole, it disproves itself.
> No profit from land ownership means no price bubbles, because there’s no incentive (in fact, a powerful financial disincentive) to idly hold onto land.
There is no incentive to hold land at all. Business transactions are motivated by monetary gain. If there is none, business will seldom occur.