|
|
|
|
|
by imtringued
1784 days ago
|
|
The problem with housing is that people don't want to pay land value taxes. They actually love buying a house to live in, speculate with that house and then never actually sell it because they realize they don't want to speculate on housing and just live in it. So you have this hybrid speculator/owner occupation thing going on where the speculator is draining money from everyone else but not actually benefiting from it. That person will then argue for lower property taxes because he cannot afford them which will make it easier for real speculators to make money off of real estate. |
|