News for hackers. Stuff that matters.

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

Re:Does Georgism Work? Five Years Later by teiferer on Sunday September 27, 2026 @03:25PM (#49869965)
I believe that most people see the state of housing as a problem, home owner or not.

Still no reason to deny folks whose property value skyrocketed those funds when they sell. Unless you also want to deny Nvidia or Tesla stock owners their money when they sell.

[ Parent | on HN ]
Re:Does Georgism Work? Five Years Later by llbeansandrice on Sunday September 27, 2026 @09:57PM (#49872685)
Housing is a market and the value of items in a market can go up or down.

For some reason going down isn’t allowed in housing.

If Nvidia or Tesla tanked tomorrow to $10/share are those who own shares being “denied” money when they sell? Obviously not.

[ Parent | on HN ]
Re:Does Georgism Work? Five Years Later by alistairSH on Monday September 28, 2026 @09:32AM (#49877704)
Stocks aren't a necessity to live. Housing is (and while ownership of housing is not, the land costs impact rental rates as well).

And as mentioned in the sibling, few people think of stock gains as an inherent right. Stocks go up and down and we all accept that.

[ Parent | on HN ]