Add 10% to the economy, let's imagine for once it's passed onto wages, also up 10%.
Rents up 10%. Everyone working longer for the landlords.
Gains go to land under the current system. We already added women to the workforce more, rents went up.
Rents up 10%. Everyone working longer for the landlords.
Gains go to land under the current system. We already added women to the workforce more, rents went up.
Just imagine: If housing were that great of an investment, everyone would get enough credit to build, making effectively everyone a landlord.