Damus
Griffith profile picture
Griffith
@Griffith
I didn't know that housing is counted as a productive asset that produces a service even to the owner-occupier known as imputed rent, which is the rent one pays themselves, estimated at the value of the rental income if put on the market. That essentially means it's considered a productive asset and not a consumptive asset, so housing buildup is put in the same category as actual industrial development.
I think non-consumptive real estate is extremely toxic to modern economies and we're essentially rebuilding the manor-landholding economic relationship from first principles.
3
nugger · 3d
ARE YOU FUCKING SERIOUS, IS THIS HOW THE ECONOMISTS SEE HOUSING?
wertimer :niggacheck: · 3d
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpq8r6yrstg9pe96qgve7pw7xm0dyg56724vt0ya66qwdq2w04dgphqnkng6k :marseydisagree: usufruct :marseyagree: u so fukt
ⰎⰅ ⰀⰍⰨⰒⰎⰫ · 3d
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpq8r6yrstg9pe96qgve7pw7xm0dyg56724vt0ya66qwdq2w04dgphqnkng6k one of the original intentions of land tax was to force landowners to make their land productive, i.e. cultivate it, but that makes zero sense in a modern residential context. now it's m...