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I think it was Steven Landburg that had the idea that politicians and administrators should hold a broad-based index of their country's real estate, on the theo
by SilasX 7y ago
I think it was Steven Landburg that had the idea that politicians and administrators should hold a broad-based index of their country's real estate, on the theory that better policies lead to land within the country being more valuable, and so it aligns incentives.
- zzzzzzzza 7y agoAs a georgist I think this idea is very flawed. (not building housing can increase existing house prices... but is not necessarily a good move)
- SilasX 7y agoWhy? Georists support taxation of land rents, also in the expetation that good governance leads to higher (ground) rents (and thus higher government revenues). Edit: If anything, the Landsburg policy is just a tepid approximation of Georgist finance.
- BurningFrog 7y agoHouse prices and land prices are quite separate things. NIMBY policies increase house value, but decrease land value.
- djannzjkzxn 7y agoI don’t think we have a problem in this country where the interests of landowners are underrepresented.
- SilasX 7y agoThat’s not the problem that that system is solving, and it’s not the typical kind of landownership that causes anti democratic effects; I think you’re just pattern matching there.