Why is rent skyrocketing?

Re:Why is rent skyrocketing? by _fat_santa on Tuesday August 23, 2022 @02:31PM (#32569113)

Hawaii does that and it wrecks the housing market, because it creates two tiers of housing: leased land and owned land housing. All you will end up with is all the expensive property is going to be on "purchased land" and all the cheap properties will be on leased land.

Hawaii has a good reason for doing this because land is scarce and there is no place to go. Basically anywhere else this would be idotic IMO.

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Re:Why is rent skyrocketing? by colinmhayes on Tuesday August 23, 2022 @02:50PM (#32569436)

All land should be leased from the government. That's what a land value tax is and there are many, many reasons it works much better than our current land system.

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Re:Why is rent skyrocketing? by settrans on Tuesday August 23, 2022 @03:53PM (#32570534)

In effect it already is: we lack allodial title in the United States anyhow, and all land is subject to taking by eminent domain and taxation by local governments.

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