Re:Tiny in size, a Cupertino home is selling for big bucks: ...
by rcpt on Friday April 26, 2024 @07:00PM
(#40175265)
If you disentangle the wealth these owners have accumulated as property owners from the other things they've done in life then it makes sense. These conversations always go the same way:
"These owners become wealthy from the work of the community! They didn't create anything!"
"Nuh uh. They volunteered at that beach cleanup and are thus rightly entitled to any property wins."
It's not a new discussion. Here's Churchill talking about a century ago
> To not one of those improvements does the land monopolist, as a land monopolist, contribute, and yet by every one of them the value of his land is enhanced.
"These owners become wealthy from the work of the community! They didn't create anything!"
"Nuh uh. They volunteered at that beach cleanup and are thus rightly entitled to any property wins."
It's not a new discussion. Here's Churchill talking about a century ago
https://www.landvaluetax.org/history/winston-churchill-said-...
> To not one of those improvements does the land monopolist, as a land monopolist, contribute, and yet by every one of them the value of his land is enhanced.