cross-posted from: https://lemmy.crimedad.work/post/12162

Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there’s still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.

You are viewing a single thread.
View all comments View context
2 points

Investment into housing development, zoning fixes, market rate housing, co-ops, and a LVT is the solution.

You can’t be serious? Let’s review.

Investment into housing development

By who…? Come on, be honest, who do you think is going to do this 🤣

zoning fixes

That allow who to build more housing?

market rate housing

Is literally what the West has right now.

Co-Ops

We have these now.

and a LVT

This is a fine step. Most states have property taxes now that include the land that a rental sits on.

If you can’t pay for your own housing, your choices are either for the government to pay for it, or for the private sector to pay for it. In either event the entity that owns your house, that isn’t you, is your landlord. If you can’t pay for your own housing, and you don’t want the private sector or the government to provide it for you, then you’re homeless.

permalink
report
parent
reply
25 points

By who…? Come on, be honest

It was implied, but I later edited my comment, the government should do so. We have a massive housing crisis on our hands and there needs to be a solution. The government is so bloated that there is easily already the money somewhere to divert to something actually worthwhile.

That allow who to build more housing?

Private developers, individual citizens, the government itself, etc. Anybody and everybody with a willingness to build a house should be able to do so without dealing with the ridiculous zoning laws we have now.

Is literally what the West has right now.

We have these now.

We have market-rate housing and co-ops at such a low rate. We need a massive increase in quantity. The private sector won’t do this because there is no profit motive, so it largely has to be the government who is building these. But once their built it shouldn’t be the government who owns it, it should be the co-ops, market-rate housing orgs, or literally individual citizens who own the housing,

Most states have property taxes now that include the land that a rental sits on.

I don’t want property taxes. Those need to be removed along with all other types of taxation. The only valid type of taxation should be land value tax, and a carbon emission tax. A property tax punishes a land owner for developing their land and using it more efficiently. A land value tax on the other hand incentivizes more effective use. It’s a massive topic and a massive difference. If you want to learn more I would recommend looking into georgism.

In either event the entity that owns your house, that isn’t you, is your landlord.

I disagree with your definition.

permalink
report
parent
reply
5 points

If you want to argue that it is a valid use of the state to produce low cost housing then this is an interesting conversation. But much of the rest of your response is nonsense. For instance -

I don’t want property taxes. Those need to be removed along with all other types of taxation. The only valid type of taxation should be land value tax, and a carbon emission tax.

You’re going to fund all the social programs of a modern government via, essentially, no taxes? Come on. If you want the government to provide a robust social safety net, including housing, you’ll be looking at Nordics level taxation.

I disagree with your definition.

You can be wrong if you want to be.

permalink
report
parent
reply
13 points
*

You’re going to fund all the social programs of a modern government via, essentially, no taxes?

No, it would be funded through land value and carbon taxes. Those two tax types should be the only valid form of taxation. We should still have enough tax to pay for it (after we ditch the bloat our government has. Example).

If you want the government to provide a robust social safety net, including housing, you’ll be looking at Nordics level taxation.

People always complain about such a system but they actually have healthcare, so seems like a moot point to me.

You can be wrong if you want to be.

First off, there’s no need to be a dick about it. Second, that definition says person, whereas you said entity.

  • “In either event the entity that owns your house, that isn’t you, is your landlord.”

  • “a person who rents land, a building, or an apartment to a tenant.”

permalink
report
parent
reply

Ah God, I was wondering (cheering for) when you’d make the turn to “politically only possible with a socialist government” or something along those lines, but now I see you’re one of the famed georgists. First I’ve seen in the wild!

permalink
report
parent
reply
4 points
*

I see you’re one of the famed georgists. First I’ve seen in the wild!

If you have a criticism of georgism I’d love to hear it, because so far I’ve heard basically none. And I don’t think I would go quite so far as to call myself a georgist. It’s only something I learned about relatively recently, but the more I learn about it the better it sounds than the current dog shit we are dealing with that we somehow call a tax system. Is georgism perfect? Almost certainly not, but it’s a massive step in the right direction.

you’d make the turn to “politically only possible with a socialist government”

You are correct in that the solution to the housing crisis is only possible with a socialist government. Socialism and georgism are not mutually exclusive.

permalink
report
parent
reply
4 points

Don’t waste your breath, if anything Lemmy is somehow less financially literate than reddit.

permalink
report
parent
reply

You’re the one person I hope becomes homeless

permalink
report
parent
reply

Personal Finance

!personalfinance@lemmy.ml

Create post

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

Community stats

  • 261

    Monthly active users

  • 219

    Posts

  • 3.3K

    Comments