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Ah, now we’re getting somewhere! No modern landlord would support the demise of rents on lands, which is why they the same as the parasitic feudal dullards Smit
by bugglebeetle 2y ago
Ah, now we’re getting somewhere! No modern landlord would support the demise of rents on lands, which is why they the same as the parasitic feudal dullards Smith elsewhere decries. Modern, urban landlords want to reap what the do not sow, i.e. the value derived from the productive activity of cities where they buy up houses to maintain an (individually partial, collectively large) monopoly on the availability and use of land. They generally in fact go one step further and leverage this monopoly to obtain loans, premised on the inflated valuations derived from the constraint of supply, and extend it even further. In a Georgist arrangement, they would be forced to reinvest rents on properties into making said properties more economically productive…which is why no modern landlords are Georgists!