Landlords are eating the space-time continuum.https://twitter.com/jeremiahdillon/status/689669451273342976 …
Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.
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Noah Smith 🐇 Retweeted Jeremiah Dillon
Landlords are eating the space-time continuum.https://twitter.com/jeremiahdillon/status/689669451273342976 …
Noah Smith 🐇 added,
@Noahpinion not sure you can solve this problem w/out destroying a lot of real estate wealth, and tanking the economy in the process.
@kimmaicutler How about a land value tax (i.e. property tax with tax credits for development)? That should grow the economy, right?
@Noahpinion in less dense areas, housing wealth is probably literally all people have.
@kimmaicutler Well, it's difficult to both A) want density, and B) want to prop up housing wealth as an engine of middle-class prosperity.
@Noahpinion and then post 1970s, the only way to keep it going was supply restrictions and credit.
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