> landlords will exit the market until equilibrium is restored Thus a increasing the supply of properties being sold, and thus lowering the price for those who

> landlords will exit the market until equilibrium is restored Thus a increasing the supply of properties being sold, and thus lowering the price for those who want to buy, allowing more to buy, reducing the demand for places to rent. Win-Win. With LVT (or higher interest rate on a variable rate mortgage) the parasitical landlord can't simply stop having a tenant, as they're still liable for the costs. They have to offer something more than the intrinsic cost of land they occupy to make it productive enough for someone to pay them. > LVT also only applies to commodities, of which software isn’t really. There's a strong argument that copyright (specifically that used to prevent people from using it) would count as "Land" in the economic sense - it drives rentseeking and monopoly behavior - https://progressandpoverty.substack.com/p/possibility-space-location-rents https://progressandpoverty.substack.com/p/possibility-space-... An interesting debate, but somewhat offtopipc