[MathYouF]

The state also makes it possible for me to charge for usage of everything else I own, not just land, by restricting people's ability to use it freely without my permission. For example, my body, my computer, my laundry machine, my bed, ect.

Is your main argument that because of the limited quantity of land it deserves special reconsideration, or do you think all or a vast number of property rights should be abolished?

[pasabagi]

My main argument is that when you have a limited quantity of something, like radio spectrum, it's normal to have a public conversation about how this should be divided - and ultimately, it's a democratic decision about who gets what, why, and for which uses.

Land should be regulated this way, but it isn't, because of the hangover (in europe) of medieval norms where landlords were essentially gangsters extracting protection money, or (in america) the essential abundance of land available for the taking[0].

If you have an expanding frontier, a fixed quantity (land) behaves like a growing quantity, so there isn't the intense pressure for land reform you got in europe. Except now, the land is all taken, so the regulatory regime which worked for a growing supply of land becomes increasingly dysfunctional, leading to problems with homelessness and tenant impoverishment, where people are paying increasing quantities of their income (50% +) to landlords, not because those landlords provide them with a good service, or because the landlords have high costs, but because it's their only choice.

[0] Obviously, the first nations population massively lost out in this.

[carom]

I guess, either way, you need a system that addresses supply and allocates housing fairly. I believe the free market can do that. Saying no land ownership doesn't really address who builds more housing, what incentive do they have, what restrictions are there, who gets to live where. Sure, if you could replace it with a system where the government builds as dense as is safely possible to meet demand, then held a lottery for who got to live there, and those tenants were forced to relocate every 3-5 years to give other people an opportunity to live there, I guess I'd be on board with that.

My hesitation is that would be a total rewrite, and we have a system that works pretty well where we could remove some market distortions and have it working really well. Remove residential zoning restrictions and landlords will build, there is incentive for it. So much of LA is zoned for SFH+ADU, and your neighbors will sue you if you get creative. There is no room in the zoning code for low end housing. I read about these men's hotels [1] and I don't think you can build something like that anymore, something that addresses a need at a price point people can afford. It sounds crass but we need tenements, so someone who is barely scraping by has a bed, an address, and a shower.

There is nothing besides legacy rent control units at the $500/mo price point in LA. There should be. We shouldn't rely on rent control, where we privatize the costs of a social problem and give landlords a huge incentive to get people out. We should just build some livable shit.

1. https://newrepublic.com/article/161808/ewing-annex-hotel-hou...

[pasabagi]

My gut feeling is that even if you did remove distortions, the problem would persist. If the price for a commodity ultimately stabilizes at material cost + labour, I think rent ultimately stabilizes at 'everything you can afford to pay and some'.

Ultimately, commodity price is driven down by the fact there's always some industrialist who can flood the market with cheaper crap, until there's basically no profit in it. You can't flood the market with 'living in walking distance from work', and a large part of the cost of any building project is simply buying the plot to build on, because each landowner has no direct competition.

[alert0]

>leading to problems with homelessness and tenant impoverishment, ..., paying increasing quantities of their income

I see all of these as problems with zoning. I could also rant about rent control but it has a much smaller effect compared to the prevention of construction and density.