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monkmartinez
on Feb 12, 2017
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Falling Home Prices Could Be a Good Thing
You are right, of course... however...
What about the power the government derives from taxing your real estate? Don't forget that either.
branchless
on Feb 12, 2017
[–]
Land is the common wealth. Tax it. No income tax.
ArkyBeagle
on Feb 12, 2017
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The forces arrayed against that are considerable. In fairness, it would involve moving an awful lot of civic furniture.
branchless
on Feb 12, 2017
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Yes they are. And whichever country does this successfully first will have a huge jump in living standards.
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What about the power the government derives from taxing your real estate? Don't forget that either.