Re:High property taxes are good
by imtringued on Wednesday July 20, 2022 @07:10PM
(#32173618)
How would you value a perpetuity?
If the present and future are worth the same, then the value of land is practically infinite because millions of generations of humans can use it. The obvious problem in this case is that nobody should own land forever.
If the present and future are worth the same, then the value of land is practically infinite because millions of generations of humans can use it. The obvious problem in this case is that nobody should own land forever.