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> You don't make landlordism more expensive. You make it more difficult and less profitable. How is that any different? If it's more difficult then it inheren
by InvertedRhodium 5y ago
> You don't make landlordism more expensive. You make it more difficult and less profitable.
How is that any different? If it's more difficult then it inherently consumes more time and/or money - given that money is (arguably) how we measure the value of labour I don't see any way of escaping this.
- sudosysgen 5y agoNot if you bound the profit. Then it consumes more time without yielding more money, and is thus less interesting of a proposition -> property values go down. You're assuming an equilibrium return on investment (and unchanging prices), and a perfectly stable market, here.