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"Adam Smith and Karl Marx found common ground was in the idea that everyone’s interests are aligned against landlords: they are an economic deadweight." They p
by readthenotes1 3y ago
"Adam Smith and Karl Marx found common ground was in the idea that everyone’s interests are aligned against landlords: they are an economic deadweight."
They provide benefits: capital investment/capital risk, maintenance obligations, and most importantly-- mobility to renters.
In the country I live in, there are myriad tax breaks for landlording over owning. Perhaps removing those should be the first attempt to fix things?