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A comment on Does Georgism Work? Five Years Later. Parent comment

Re:Does Georgism Work? Five Years Later by ForHackernews on Sunday September 27, 2026 @09:05AM (#49866361)
>the people involved all had to pay money, so presumably it was someone's investment

People pay money for all kinds of things that aren't investments. Ever eat at a restaurant? Ever buy a car?

I agree with parent: houses should be more like cars and less like stocks. Prices should be lower, there should be less debt-financing, and we should end the expectation that home prices will go up endlessly forever.

[ Parent | on HN ]
Re:Does Georgism Work? Five Years Later by jhbadger on Sunday September 27, 2026 @10:37AM (#49867009)
And in some places they are. Japan works that way - houses generally lose value over time and there is even a cultural stigma against living in a "used house" - if you can afford it the convention is to buy a house and knock it down and start fresh.
[ Parent | on HN ]