5.Sats.a.Pack on Nostr: And let's not forget the State gorging on property taxes, and land transfer fees. So ...
And let's not forget the State gorging on property taxes, and land transfer fees.
So many great points in this whole thread. Well done.👏
It's all really an insidious tragedy.
Not only has asset inflation priced multiple generations out of natural values like home-making/building a life, but it's robbed civilization of inspired architecture.
Ironically, the default assumption of "real estate as an appreciating asset" nullifies the incentive to make any of it beautiful.
If the price is going up anyway, why bother having it stand out?
And we end up in this grey world of stucco cubes and glass matchboxes, full of disenfranchised angst and zombified tax cattle 'living' on ramen noodle and flat pack furniture.
Bring on the Bitcoin Renaissance!
So many great points in this whole thread. Well done.👏
It's all really an insidious tragedy.
Not only has asset inflation priced multiple generations out of natural values like home-making/building a life, but it's robbed civilization of inspired architecture.
Ironically, the default assumption of "real estate as an appreciating asset" nullifies the incentive to make any of it beautiful.
If the price is going up anyway, why bother having it stand out?
And we end up in this grey world of stucco cubes and glass matchboxes, full of disenfranchised angst and zombified tax cattle 'living' on ramen noodle and flat pack furniture.
Bring on the Bitcoin Renaissance!