Reply to Can we talk about parents buying their adult children luxury homes

Forum Index » Real Estate

Reply to "Can we talk about parents buying their adult children luxury homes"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I trust you are reading the news about the increasing gap between the haves and the have nots?  This is what it looks like to build generational wealth. [/quote]

This needs more attention. Thank you.[/quote]

The answer is, and always has been, the Single Tax.

All the other band-aids subvert personal incentives and are prone to power concentration and corruption.  Pouring more and more money into educational systems with decreasing performance, landlord handouts in the form of rent subsidies, perpetuating the system in the form of homeowner subsidies.

All of our problems are due to the fact that with a fixed amount of land, those who own it get to charge more and more for it, while those who need to buy it have to compete with more and more buyers, trying to earn money for labor against more and more people selling labor. The Single Tax solves this, can be enacted at the local, democratically-controlled level.

The republicans don't want this, because they hate all taxes.  The democrats don't want this because they love all of the band-aid programs. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics