3 ms·

Is this basically Georgism? Or is there some important distinction I'm missing?

• mcv 4y ago
  I don't know. I'm not familiar with Georgism. It's called "erfpacht" in Dutch, and it's an old practice. Amsterdam is the only city I'm aware of that does it on this scale, but it's not unheard of elsewhere.
  • deleted 4y ago
    [deleted]
  • quickthrower2 4y ago
    Is this like ground rent in the UK for leasehold property? This is a thing but usually a fairly insignificant cost as long as you keep renewing it with decades to spare.
    • justincormack 4y ago
      Except when someone invented ground leases that keep doubling a while back…
    • red_admiral 4y ago
      UK ground rent goes to the private owner of the land though, which is mostly not the state. That's why there was a scandal recently when some landowners tried to impose a ground rent that doubled every X years - which the government has thankfully banned now.
  • andyjohnson0 4y ago
    Google translation of the Dutch wikipedia page for "erfpacht" [1] translates it as "Ground lease" and suggests it is used in various countries including the Netherlands, about which there's a large section. I don't know how well the translation is w/r/t technical terms, but it reads ok to me. [1] https://nl-m-wikipedia-org.translate.goog/wiki/Erfpacht?_x_tr_sl=nl&_x_tr_tl=en&_x_tr_hl=en-US&_x_tr_pto=wapp https://nl-m-wikipedia-org.translate.goog/wiki/Erfpacht?_x_t...