cross-posted from: https://slrpnk.net/post/12113669
don't forget to tip your landlord, peon
this post was submitted on 23 Aug 2024
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Housing Bubble 2: Return of the Ugly
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It's a slightly different take on property taxes. Basically, the idea that all land is taxed at a fixed rate per acre no matter what is built on top. It's also known as Georgism
That's how you get skyscrapers?
Correct, skyscrapers that can house a lot of people and businesses. It might be helpful if we were in a housing crisis. Good thing that isn't happening across several developed countries across the world.
Oh wait ...