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Or you could just invest the difference in your stock portfolio and institute a land value tax instead. Stock are more a lot more liquid than real estate and le
by kiba 1y ago
Or you could just invest the difference in your stock portfolio and institute a land value tax instead. Stock are more a lot more liquid than real estate and less risky as well. Whereas the value of a home is pretty much stuck in the property until you convert it to liquid cash by selling it, but then you need to move elsewhere.
- renewiltord 1y agoIndeed you could either go through the arduous task of convincing your friends to move somewhere with you or just get enough political support for a land value tax instead. No brainer to go for the tax. Way easier to achieve.
- HPsquared 1y agoAh, path dependence.