top | item 37745949

(no title)

oarabbus_ | 2 years ago

What's your suggestion to eliminate landlords from the equation, then? CCP-style regulations where there is no citizen landownership? Only the government is allowed to own land? Property owners should be forced to operate as nonprofits and maintain the property, but donate all profits to taxes?

asking as someone who's never owned property.

discuss

order

lotsofpulp|2 years ago

oarabbus_|2 years ago

Getting rid of 1031 would be a good start. But contrary to what most people/economists falsely proclaim, land value taxes are actually a regressive, punitive tax to those who commit the grave sin of living in an area that other people decide to gentrify. A complete non-solution to the problem.