4 ms·

> providing exceptions only at very high salary ranges And of course you would fall in this demographic, amirite? Fuck the poor, don't mess with the salaries o

> providing exceptions only at very high salary ranges And of course you would fall in this demographic, amirite? Fuck the poor, don't mess with the salaries of the rich. > building tons of extra housing and bankrupting private equity groups They'd just continue to buy up that new housing. This can't change without taxing the land value.

brigandish 4y ago
As there's (apparently) such an under-supply of people who earn those high ranges, restricting that demographic only makes everyone poorer because wealth creation is hence lower. Maybe it would reduce those wages somewhat but it's unlikely.
twblalock 4y ago
Everyone who advocates a land value tax needs to explain how housing used to be affordable, even in places like California, without land value taxes.
- matt74827289 4y ago
  There were fewer people and more land that wasn't being used. It's fairly simple, supply was higher, demand was lower. As our population increased and we developed more and more land, the supply shrunk while the demand grew.
  - twblalock 4y ago
    Yes, we all know that -- the point is that affordable housing is possible without a land value tax, and we know that because it actually happened.
    - markdown 4y ago
      So your answer is... "Thanos did nothing wrong"? Shall we all wait for covid20 to wipe out enough people that the housing supply overwhelms demand and prices drop?
      - twblalock 4y ago
        No, we should build more housing so that the supply and demand curves intersect in a different place. Land value taxes and Georgism in general are utopian nonsense that have never done any good anywhere at any time. People love to trot them out as solutions to the housing affordability problem but can never show how they would help -- because they can't help! Building more housing is the only solution, everyone knows it, and weird pie-in-the-sky stuff like land value tax are distractions that ought to be ignored.
jen20 4y ago
> This can't change without taxing the land value. Yes it can. Bar corporations from owning residential real estate. Taxing land value will just cause an exodus into hellhole suburbs.

brigandish 4y ago

As there's (apparently) such an under-supply of people who earn those high ranges, restricting that demographic only makes everyone poorer because wealth creation is hence lower. Maybe it would reduce those wages somewhat but it's unlikely.

twblalock 4y ago

Everyone who advocates a land value tax needs to explain how housing used to be affordable, even in places like California, without land value taxes.

matt74827289 4y ago
There were fewer people and more land that wasn't being used. It's fairly simple, supply was higher, demand was lower. As our population increased and we developed more and more land, the supply shrunk while the demand grew.
- twblalock 4y ago
  Yes, we all know that -- the point is that affordable housing is possible without a land value tax, and we know that because it actually happened.
  - markdown 4y ago
    So your answer is... "Thanos did nothing wrong"? Shall we all wait for covid20 to wipe out enough people that the housing supply overwhelms demand and prices drop?
    - twblalock 4y ago
      No, we should build more housing so that the supply and demand curves intersect in a different place. Land value taxes and Georgism in general are utopian nonsense that have never done any good anywhere at any time. People love to trot them out as solutions to the housing affordability problem but can never show how they would help -- because they can't help! Building more housing is the only solution, everyone knows it, and weird pie-in-the-sky stuff like land value tax are distractions that ought to be ignored.

jen20 4y ago

> This can't change without taxing the land value. Yes it can. Bar corporations from owning residential real estate. Taxing land value will just cause an exodus into hellhole suburbs.