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Would do wonders for the Bay Area housing market! On a serious note, this proposal was originally coupled with a pretty radical (from our point of view) approac
by lovecg 5y ago
Would do wonders for the Bay Area housing market! On a serious note, this proposal was originally coupled with a pretty radical (from our point of view) approach to land ownership. Land is closer to zero-sum than many other things (ignoring artificial islands etc.), so this forces a more efficient pricing/land use at the expense of doing away with private property rights for land.
- sokoloff 5y agoWorried that a competitor is catching up or threatening your market? Use your cash reserves to buy their factory out from under them. Don’t bother competing with Tesla, just make sure they can’t keep going once they get a little traction.
- ekelsen 5y agoImagine a reasonable policy rather than simplistic worst possible policy strawman. There are already many many laws that prevent abusive transactions in the current system, there's no reason that there wouldn't need to be similar laws to prevent abuse here either.