News for hackers. Stuff that matters.
Re:Foreign purchases of American homes plunge as Chinese buy... by pytester on Thursday July 18, 2019 @05:01AM (#20468025)
>Masking the true price (cost) of something is what causes the market to be inefficient, resulting in excess or insufficient supply.

This is why the Land Value Tax is such an effective solution to this problem. It's fair, economically efficient and reduces inequality:

https://en.wikipedia.org/wiki/Land_value_tax

There are no comments on this comment yet.