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The solution is to have zero tax on property of primary residence. This way when one does buy land and pays it off there is no need to have a substantial income
by DiffEq 8y ago
The solution is to have zero tax on property of primary residence. This way when one does buy land and pays it off there is no need to have a substantial income to pay property tax and you can at least live rent free not paying "rent" to the tax authorities every year) and/or make the land work for you. Also remove the inheritance tax so wealth can be built over generations and not evaporate away. Getting rid of inflation as well would help as one could simply save money in a bank account and not worry about it losing value every year.