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> Taxation can also redistribute land rent, and far more fairly than "mass homeownership" which isn't really a sustainable system anywhere. A Georgist land val
by gottorf 3y ago
> Taxation can also redistribute land rent, and far more fairly than "mass homeownership" which isn't really a sustainable system anywhere.
A Georgist land value tax would do that job admirably, though it will probably never happen in any jurisdiction, since it would hurt wealthy landowners the most. That could be why "mass home ownership" is a more politically palatable flavor of the same base concept; both will spread land rents among more people.
- Ericson2314 3y agoMass homeownership works for like 2 generations, maybe more with 0 immigration and no population growth. That's a bad bet.