News for hackers. Stuff that matters.

A comment on Rising Rents Are Pushing More Tenants Past the Breaking Point. Parent comment

Re:Rising Rents Are Pushing More Tenants Past the Breaking P... by panda88888 on Thursday October 26, 2017 @05:04PM (#15562996)
Except all rental properties in the region would have to pay similar amount of land tax, so they would all raise the rent and the renter would have to choose either pay the higher rent or move to a cheaper area.
[ Parent | on HN ]
Re:Rising Rents Are Pushing More Tenants Past the Breaking P... by ryandrake on Thursday October 26, 2017 @05:57PM (#15563476)
If all landlords could suddenly raise the rent, why wouldn't they already, regardless of the existence of the land tax?
[ Parent | on HN ]
Re:Rising Rents Are Pushing More Tenants Past the Breaking P... by WillPostForFood on Thursday October 26, 2017 @07:45PM (#15564287)
No ability or incentive to coordinate - but a land value tax could facilitate it.
[ Parent | on HN ]