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Isn't that what people have already collectively done in cities? It takes $2k/mo to live in Seattle. The land I live on is valued at 5x what the house is worth
by coryrc 6y ago
Isn't that what people have already collectively done in cities? It takes $2k/mo to live in Seattle. The land I live on is valued at 5x what the house is worth and I'm not allowed to build an apartment on it.
- WalterBright 6y ago> collectively done I.e. the market, not a monopoly.
- coryrc 6y agoThat's what we've outlawed -- we've outlawed all gas stations and supermarkets from raising prices regardless of monopoly. They have diverse ownership. Tripling prices of TP so you don't hoard during a shortage seems less detrimental to society than locking generations of working class people from being able to ever join highly-productive areas.
- renewiltord 6y agoI guess with a land value tax you can be sure the land is being used economically efficiently. As it is, the land is being used inefficiently. So I suppose it’s a market, just not an efficient one.