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You remain unconvinced, but I feel not for the right reasons. For now, just consider that all of these benefits of house ownership will be unavailable to the c
by kubb 1y ago
You remain unconvinced, but I feel not for the right reasons.
For now, just consider that all of these benefits of house ownership will be unavailable to the current and future generations, because they won’t own, won’t have grandchildren (no space to raise kids), won’t have the means to retire and won’t have a shed to tinker in. Partly because of housing costs.
- protocolture 1y agoRight but you make the (exceedingly common in my experience) mistake of reading my dislike for Georgism as opposition to reducing housing costs. In my own jurisdiction, housing costs are dictated up to 70% by zoning and regulation. Mostly, the failure of successive governments to release enough land to meet demand. But also, zoning preventing higher density construction. I dont feel the need to implement taxation reform to resolve clear supply and regulation issues. If a bunch of wealthy people were sitting in 1960s character homes, on land thats zoned for much higher density and just chilling that would be one thing. But when I know they are largely just fighting rezoning efforts so their neighbors dont build higher density, and lobbying against land release to ensure their property remains exclusive and expensive, those are the behaviors I want to deal with, and the reforms on that front are very obvious.