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Semi-related ... I feel like we should tax rent-seeking way more than we do. Selling a piece of property/house is one thing, but to extend your metaphor, why sh
by CodeCube 7y ago
Semi-related ... I feel like we should tax rent-seeking way more than we do. Selling a piece of property/house is one thing, but to extend your metaphor, why should one get to seek rent on a piece of property in perpetuity (if the tenant stays long term)?
Of course, I understand how valuable short-term living arrangements are for a number of reasons; my issue is with long term landlords, who can evict a tenant who's been there for decades at any whim ... and they reap the profits, while the tenant is out on the streets with nothing to gain from their many years of payments.