Thread

1. cucumber3732842 · 1790285394 · focus · HN ↗

   >. The land value tax can’t be dodged by leaving nor can it be passed on to renters

   ROFL what? I'd bet the author a lot of money that costs WILL roll downhill, the source matters not.

   1. skybrian · 1790285985 · focus · HN ↗

      I think the idea is that if the market demand is such that it allows them to raise rents, they'd already have done it, whether or not expenses justify it.

      1. cucumber3732842 · 1790286565 · focus · HN ↗

         If they can't raise rents to cover expenses plus "enough profit to make this PITA worth it" then things (slowly over time) grind to a halt.

         1. skybrian · 1790289632 · focus · HN ↗

            [delayed]

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