> owning land is not productive On the contrary, it's providing the valuable service of holding property that I don't want to hold. I'd rather put my capital t

> owning land is not productive On the contrary, it's providing the valuable service of holding property that I don't want to hold. I'd rather put my capital to some other use. You seem to dislike arguments of "pure ideology" but the assertion that real estate ownership doesn't deserve return on capital seems like it's singling out just one form of capital. Or do you dislike profits drawn from other kinds of property as well? You say it's settled economics, but you've misstated. Monopolistic excess returns are "rents." Competitive market returns are to be encouraged. > until people move out That's actually exactly what I want to happen. 100% occupancy rate is a signal that something is wrong with the market, just as 100% employment would be.