3 ms·

How us that a problem? More tax money to spend on affordable housing is good.

• dredmorbius 9y ago
  Not if rents dynamics (economic rent) extract all that wealth into the hands of rentiers. Unless you increase land taxes, that's what you end up with.
  • wbl 9y ago
    Or we could increase the supply of housing.
    • dredmorbius 9y ago
      Look up land tax. That's among its effects.