3 ms·
It's less about "got mine, fuck you" and more about noticing what does or doesn't work out. As you said, practically everything used to be public land, and yet
by photonthug 2y ago
It's less about "got mine, fuck you" and more about noticing what does or doesn't work out.
As you said, practically everything used to be public land, and yet we observe that a burned out meth trailer on .25 acres still costs a quarter million. So.. now you know exactly what happens if you decide to change nothing else and just privatize public lands. This fixes the problem for 1 guy maybe, who gets the dubious pleasure of paying a slightly less outrageous price and then shitting in a bucket for 20 years. Then that guy fucks over the next generation when they sell at the highest possible price that the market will bear and that increasingly desperate buyers can afford.
Why do we want to do more of that? What's the plan for growth when the future arrives and there's nothing else to steal from the public?
- ty6853 2y ago>, practically everything used to be public land, and yet we observe that a burned out meth trailer on .25 acres still costs a quarter million The omitted piece here is without discharging public lands .25 of marginal land on slivers of original chartered land would now likely be worth millions with nothing cheaper in sight. We noticed public discharge of lands had worked spectacularly well towards providing more land for homes and for cheaper prices. If we went by your criteria it would be a resounding 'sell it all' unquestionably. >ell at the highest possible price that the market will bear and that increasingly desperate buyers can afford Simple supply/demand dictated higher supply should lower prices all else equal >his fixes the problem for 1 guy maybe 1 guy who improved the land, then dies/sells, this goes on and generations enjoy the compounding fruit of this. And who says I want to change nothing else? The recipe I've found for success in a building a home for under 6 figures has many components 1) Use recently discharged or never developed former public land 2). No building codes or inspections, nor building plans or structural engineering. I took advantage of this to be able to DIY a home for $30k without having to deal with bureaucrats. 3) No licensing for trades. I saved lots by not dealing with unions or tradesmen gatekept by trades rackets. 4). Loose zoning 5). No public services. I built my own roads, with no tax funded road access, private septic, private water and utilities so that property taxes are near 0. Using my recipe people can own homes+land for a couple years of typical full time middle age wages and pay practically no taxes on it