this post was submitted on 16 Oct 2024
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[–] DragonTypeWyvern@midwest.social 2 points 10 hours ago* (last edited 10 hours ago) (2 children)

Personally I think the landlords would just increase the rent while saying their interests are literally the only ones that need protection from the state because they generate all the revenue but can't blame them for trying.

[–] ThrowawayPermanente@sh.itjust.works 4 points 4 hours ago (1 children)

Generally speaking landlords charge as much in rent as the market will bear. If they could get away with charging more they would already be doing so.

[–] DragonTypeWyvern@midwest.social 1 points 2 hours ago

Right, and when tenants aren't paying taxes?

[–] explodicle@sh.itjust.works 4 points 5 hours ago

Counterintuitively, a LVT wouldn't distort prices because the supply of land is fixed.