The US housing system is not a market. It's mortgage socialism for the middle & upper class.https://twitter.com/dkmin/status/766436926987509760 …
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Replying to @Peldorskeletor
of course. Tweets are best served pithy and provocative.
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Replying to @kimmaicutler @Peldorskeletor
If one must pay property taxes 4 life on a house, one never actually owns it but merely rents it fr .gov
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Replying to @LukeGromen @Peldorskeletor
without the govt there would be no clear delineation of property rights. Land is a fictitious commodity.
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Replying to @kimmaicutler @Peldorskeletor
great point, but the costs of gov't administering that is a tiny fraction of total ppty taxes paid...
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Replying to @LukeGromen @Peldorskeletor
what do you think it costs to operate schools? Pay for police? Fire?
2 replies 0 retweets 2 likes
would your property be worth less w out good schools?
9:42 AM - 19 Aug 2016
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