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> Transforming real-estate, from a system largely aimed at profits... I think profits from productive use of land (rent, farming, logging, tourism, etc.) is fi
by humanrebar 9y ago
> Transforming real-estate, from a system largely aimed at profits...
I think profits from productive use of land (rent, farming, logging, tourism, etc.) is fine. It's the speculation on family residences as if it they were an appreciating commodity (like gold or oil) that seems to be the current issue.
- godzillabrennus 9y agoThe free market meets demand better than any planned system. Let it find a way to make a profit with allow free people to decide how to spend their minimal viable income. Then again, I think the minimal viable income needs to be $30k/year to everyone. A reverse income tax if you will. This would spur more economic development than any other program the government has ever tried.
- kobeya 9y agoThe alternative is not necessarily a planned economy. Consider a Georgist land tax, for example.