this post was submitted on 08 Feb 2024
352 points (98.6% liked)
A Boring Dystopia
9788 readers
183 users here now
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--If a picture is just a screenshot of an article, link the article
--If a video's content isn't clear from title, write a short summary so people know what it's about.
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Land.
Value.
Tax.
Unless that’s what I just described (a land value tax), I’m not sure what you’re saying here.
It's exactly what you described.
Essentially people will hold onto property in order to make more money on it through land value inflation.
If we tax the crap out of property that isn't being used, then either the tenant will do something with it or sell it to someone who will, instead of just waiting for the market to double their money while they play golf.
Seems sensible to me.
It seemed sensible when the economist Henry George postulated it as the solution for wealth inequality and the seeming rise of material desire that the uber-rich cause in the market. Unfortunately no one listened and the landlords won, and now we're here.
landlords with corporate money and lobbyists, I imagine. hopefully some change can happen on a city level.