Re:Home ownership is the West’s biggest economic-policy mistake
by Viliam1234 on Tuesday April 20, 2021 @04:08PM
(#26880825)
If you rent your house instead of buying it, it only means that someone else is passing their money to their kids. I mean, ultimately, someone owns the house, even if that person is not you, right?
An interesting solution is to decouple the price of the house from the price of the land it stands on, and then the government could rent the land and use that income instead of other taxes. Better description of this idea is here:
An interesting solution is to decouple the price of the house from the price of the land it stands on, and then the government could rent the land and use that income instead of other taxes. Better description of this idea is here:
https://astralcodexten.substack.com/p/your-book-review-progr...