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Strange how rents were manageable in the UK while there was a national not for profit council house building program. Perhaps there's a lesson to be learned fr
by TheOtherHobbes 5y ago
Strange how rents were manageable in the UK while there was a national not for profit council house building program.
Perhaps there's a lesson to be learned from that.
- imtringued 5y agoLand is expensive and nobody wants to tax it. More generally. Non reproducible assets/aka monopolies can extort more money out of people now that people have more money thanks to low interest rates. Notice how being rich doesn't make you rich because of abuse of monopoly power to do perfect price discrimination.