Hey everyone, let me introduce you to something we in the real estate world like to call, “property taxes”https://twitter.com/dhh/status/1272968382329942017 …
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Seems like, at least for now, both have monopolies on land
Briefly: Property taxes max out at like 3% in the United States. These takes from marketplaces go as high as 10x that. Not apples to apples, but still. Secondly, there are 2 app marketplaces. There is 1 ecommerce marketplace. There are 50 states. It's just a bad comparison.
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You can’t pick up and move a building to a different tax jurisdiction because you don’t like how they’re treating you
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Are you saying that you think that property taxes are a good analog to marketplace commissions?
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