2 ms·

I know this is commercial, but can be good if it drives down property prices and rents. I honestly think a lot of the benefits people want from universal basic

by gedy 6y ago

I know this is commercial, but can be good if it drives down property prices and rents. I honestly think a lot of the benefits people want from universal basic income would equally come from just having lower commercial and residential rents. I recognize that's a big "just".

ethanbond 6y ago
There are actually very simple tax schemes that go quite bit further. A high Land Value Tax + low tax on improvements (eg buildings) means the portion of rent due to the landlord’s actions/investments generally get kept by that landlord, but the portion of rent not due to his/her actions (eg good schools/restaurants/transit/employers nearby) get recouped as tax. You should look into LVT, you’re right that would be huge for people.