Should have sold your house. Another person could have bought it. Being the owner, they would have more respect for it since it’s their loss of it gets wrecked. Adding another house to the market also increases supply and makes houses more affordable.
Your landlord also should have sold his house and you could have bought it instead of paying his mortgage.
The ethical use case for rentals is short and medium term for travelers and people who are in a place for a few months to a year.
Landlords gonna landlord. You’re literally the guy in the meme “owning other people’s homes and complaining about it”
Basically you wrote a story where you’re the good guy who out of the goodness of his heart rented his only house at HALF MARKET VALUE just because you love the poor and want to help them. Then an EVIL NON LAND OWNING tenant moves in and destroys it for no reason. And you didn’t even make any money. What a disaster. Thankfully for your landlord you’re a good land owning tenant. If only all tenants were like you.
Yeah, damn those tenants who use their legal rights to actually get their landlords to maintain their own damn property. They’re just mean. If only all tenants just did free labour for their landlords, the world would be a better place.
Selling your home so there’s more homes on the market as a solution is equivalent to turning the water off while brushing your teeth to fight the dwindling supply of water.
Fucking EXACTLY. Every drop counts, not running the water uselessly for 4 minutes a day saves enough water for you to survive a full day. Sure there are people wasting more water and we need to spend more energy reducing their waste, but just because someone is worse than you doesn’t mean you’re “good”.
How much land does Musk or Bezos own? How much land does an average farmer own?
Amazon warehouses are built on the unimproved equivalent of farmland or worse. The Amazon warehouse generates millions in annual profit. The same parcel of land gets a farmer a meager income and we should tax BOTH THE SAME???
If you come up with a tax that has any chance of taxing an old farmer more than it taxes Musk or Bezos, don’t come tell me it’s progressive.
Land value tax is the stupidest idea I’ve ever heard of. “Unimproved” value? So basically when rich people get together and build mansions, next to them we build affordable housing. Both pay the same tax because the unimproved land is worth the same? Or maybe you’d argue that because the other mansions were built that the land is now worth more because it’s more desirable. That logic applies to the affordable housing next door though, so the rich can kick the poor out of house and home just by being nearby.
No, all taxes need to be extremely progressive because the wealthy simply consume more from society than the poor. A poor person can be poor anywhere. A rich person can only accumulate and hoard vast wealth if the society they parasite provides them with a steady source of healthy and intelligent workers and vast access to energy and natural resources to consume. The rich take more from society and need to pay more.
Taxes also need to apply to every possible economic transaction because unlike the poor, the rich can afford to do weird things to escape taxation. If we tax only one thing you can bet your ass the rich will find a way to avoid it and only the poor and working class will pay, allowing the rich to hoard wealth unimpeded leading to the tremendous inflation we see now.
I’m sorry, I just have a hard time agreeing with you on the definition of progressive taxation here. Sure SOME rich people will pay more than SOME poor people. But even that statement is tenable at best. Certainly MOST rich people will pay less than an average family farm. Most rich people will pay less than an average person who owns a self sufficient rural homestead lot.
It’s not as bad as the libertarian “15/15/15 flat tax” that was making the rounds a few years ago, but that’s the best that can be said about it.
I like a lot of consequences of the LVT, like that if famously solves the downtown parking lot problem. But I’d never call it progressive. A progressive tax should tax people who own more wealth more than those who own less. If you tax someone who owns a multi million dollar hotel the same as someone who owns an empty lot next door all you’re doing is making it so that only the rich can afford lots. Then when they improve the lot to make more money you reward them by effectively taking a smaller percentage of their new found wealth.
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