As long as housing is an investment, there has to be a housing crisis.
100% Agree
I'm not sure how banning landlords works though. Like everybody has to own their own house? What about apartment buildings or people living somewhere for the short-term? Or are you think like where the government is the landlord for everybody - sort of like Vienna?
You would only pay tax on the unimproved value of land. You pay no tax on everything built on it. So an empty 1-acre lot next to an apartment building providing 100 homes on a 1-acre lot would both pay the same taxes.
So landlords would earn a profit but they wouldn't earn rent (in the neoclassical sense).
Its almost like anybody who wants exclusive access to land (for their housing or their business) has to pay society for the right to use it. And if a business (like an apartment) tried to pass on costs to customer (their renters) without providing more or better services, they are essentially just admitting their land got more valuable, so they would just pay more in land value tax (thereby providing more funding for UBI or public services)
100% Agree
I'm not sure how banning landlords works though. Like everybody has to own their own house? What about apartment buildings or people living somewhere for the short-term? Or are you think like where the government is the landlord for everybody - sort of like Vienna?