Re:Senate Stock Watcher
by SilasX on Friday April 10, 2020 @06:55PM
(#22838195)
I think it was Steven Landburg that had the idea that politicians and administrators should hold a broad-based index of their country's real estate, on the theory that better policies lead to land within the country being more valuable, and so it aligns incentives.
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Re:Senate Stock Watcher
by djannzjkzxn on Friday April 10, 2020 @08:33PM
(#22838760)
I don’t think we have a problem in this country where the interests of landowners are underrepresented.
That’s not the problem that that system is solving, and it’s not the typical kind of landownership that causes anti democratic effects; I think you’re just pattern matching there.
As a georgist I think this idea is very flawed.
(not building housing can increase existing house prices... but is not necessarily a good move)
Why? Georists support taxation of land rents, also in the expetation that good governance leads to higher (ground) rents (and thus higher government revenues).
Edit: If anything, the Landsburg policy is just a tepid approximation of Georgist finance.
Re:Senate Stock Watcher
by BurningFrog on Friday April 10, 2020 @09:55PM
(#22839122)
House prices and land prices are quite separate things.
NIMBY policies increase house value, but decrease land value.