What is Nostr?
Rob Williamson /
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2024-06-10 16:17:35
in reply to nevent1q…0zym

Rob Williamson on Nostr: ≠ No. The very wealthy invest in housing as just another investment. They price out ...

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No. The very wealthy invest in housing as just another investment. They price out ordinary people. This is the effect that wealth taxation counteracts. Without that, house prices go up, house ownership goes down, generation on generation, and eventually people can barely afford rent.
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