The housing crisis is a land crisis that LVT will solve! | Economic opinions for the @dailyrenter | I might be @EricReingardt #Georgism #LVT #CLT 🔰

United City-States of America
Joined December 2023
Right on track with what Georgist economists have been expecting all along. Land prices are at all time highs in valuable downtown city locations driving rents and prices up. Sound the alarm for another crash in 2026. And remember folks: land value tax would solve this.
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Friendly reminder that not understanding this accounting identity can damage one's understanding of whether a land value tax can be passed on.
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The Homeless Economist retweeted
One encourages mono-use suburban slop. The other encourages mixed use walkability. Choose wisely.
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This and land value tax
Prosperity and peace are imminently attainable for everyone in this country. We need merely to transcend the parties that keep us fighting each other, throw off the corporate and foreign influence on our government, and return to the principles laid out in our Constitution.
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Yes we do deserve things just for existing. We formed a country for this reason. Read Progress and Poverty by Henry George. We have to get rid of the timid peasant philosophy of paying rent forever to a landowner class as "natural" or "just the way it is". It isn't.
Replying to @CaraxesFirst
You believe you deserve something just because you exist? That's a sad existence.
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The existence of all babies ever born is a free rider dilemma. The entire human race is having a free ride. Animals don't charge land rent. This worldview fucking blows
Replying to @CaraxesFirst
there are no free rides on planet Earth.
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Capitalism is fucked up because why do I have to EARN a living?
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The Homeless Economist retweeted
Both are bad. Next!
Why don’t any “End the Occupation” anti-Israel lunatics ever speak about Turkey’s occupation of Cyprus?
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THIS. A nation is a land trust and Georgists ask you to become trustees instead of permanent rentoids
Yes, "society" is the landlord, but here's the good news: everyone is part of society, so that makes everyone their own lords of land. "Society" isn't "your" landlord, YOU are your landlord!
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The Homeless Economist retweeted
What a joke! AIPAC has been funneling money through “democracy engine” instead of doing direct donations and bundling. I introduced a bill that would require AIPAC to disclose their influence campaigns just as others do under FARA.
The American Israel Public Affairs Committee (AIPAC), one of the most influential forces in U.S. politics, will no longer directly endorse candidates or donate to them from its federal political action committee, the group said. wapo.st/4yG3tqX
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I love how the libertarian worldview is simultaneously "there's plenty of land" and also "don't touch our unused vast tracts of land commie" They argue there's a public domain/commons for us all and then argue against land being a public domain/commons
"There's enough land in Texas to fit everyone without touching each other, thus land is not an issue" retort is the libertarian version of the "there are more homes than people" non sequitur that NIMBYs deploy to downplay housing issues.
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Replying to @LVTYIMBY
A lot of people want to pretend that "location" does not matter
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C'mon man we just fund genocidal political campaigns please pweeze go back to ignoring us c'mon man we just trigger forever wars in the middle east through manipulating US foreign policy pweez we're just a wittle DC billion dollar lobbying group 🥺
AIPAC is why your fantasy football team stinks. AIPAC is why the weather is bad. AIPAC is why you need an app to park. Say NO to Bernie’s obsessive scapegoating. YES to an America that works with our ally to create U.S. jobs, keep America safe, and promote democratic values.
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This is a good example of why Georgism is superior to socialism/communism. The cause of all inequality is in the private ownership of natural resources and land. Capital is by definition reproducible meaning its interchangeable and elastic in supply. The monopoly of land is not
Replying to @Crypt0_Facts
The food truck is made at, say, a factory. They get the food truck through some sort of distributive mechanism, either democratically or merit based. If the food truck fails, the venture folds and the risk is absorbed by the community. The risk does not disappear or cease to be a signal
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The food truck is capital. The site it parks on is not. The owner of the food truck should collect the entire income his business makes. The rent paid to park on the land should be to the community treasury to cover public expenses like roads, utilities, schools, healthcare etc
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You know what won't leave in response to a hefty tax on its value (in reality and in theory)?
Very funny that billionaires are like “I am leaving”. And Zucman’s response is “sorry no, my theory doesn’t allow this”
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One of the things about talking about landlords is that selling location is bundled in their business of selling the improvement & property manager services, so libertarians put them all into the voluntary bucket, when they should be separated and taxed accordingly (100% and 0%).
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The Homeless Economist retweeted
And that’s the problem. #Epstein #IranWar #Genocide
TRUMP: "I've been the best president in the history of Israel."
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The Homeless Economist retweeted
Land value is publicly created. Taking some of that to pay us dividends gives everyone a stake in the success of our economy.
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Its because half your social group has work on Saturday now
Wow, Friday night has become just another weeknight in terms of socialization.
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