The land is what’s gaining value, not the structure on it

And then they try to fuck you over when you leave the place by pinning all the costs of normal dilapidation on you. Fortunately where I live the law forbids it but it doesn't stop them from trying every time.

Good tenants make the neighborhood more desirable. So the rent being raised is a way to punish good Tennant, and steal their hard earn benefit from their existential labour.

If there were only a set number of cars available and creating more was prohibitively expensive, cars would appreciate in value as well.

And to be clear, I'm not talking about the house; building more of those is expensive, but doable. It's building more land that's the tricky part

I'm not a landlord but the taxes go up every single year. Home insurance goes up every single year. Both often by a lot. Compared to 2019 my taxes are up 45% and my home insurance is up 500%.

The land value is up purely because they ain't making any more of it.

The cost to repair everything goes up every year. A part of my washing machine broke again. Part was $20 in 2017. Part was $60 4 months ago. Post Tarifs it will probably be closer to $100. Nevermind the labor if I can't DIY.

Plenty of reasons for costs to go up each year.

Real question is :

Why the fuck aren't the wages going up?

If that too kept up with inflation since the 1970s then we'd all be happier then pigs in shit.

I was ready to hate on this post... but you right.

Seconding this motion

If they offered to let you buy it for the fair market value of the home, would you? That's the only viable way for them to extract that house value without evicting you. A fair answer could be absolutely, and perhaps that should be something renters are given some rights to do, but just pointing out that a tax assessment doesn't mean they have usable money unless they can do something to cash in.

For a lot of them, they don't even care if there's tenant turnover, especially if its a high-demand area. There's no incentive to fix a broken AC; the tenants already signed the year lease. They can get to it next year when its time to clean up the place for the re-listing.

i hope you do; seeing it is a depressing reminder of how much americans think that exploitation like this is okay and even more depressing to see people exploited like this want to perpetuate it.

/me sorts by controversial

Leftists are aware of Goergism. They don't generally take it seriously because it's just 'one weird trick' reformism that's trying to save capitalism from itself. It doesn't change what capitalism is or the historical process it drives, it'll get clawed back immediately just like every other social democratic reform, and it would cause a full on capital revolt if you somehow magic lamp'ed it into practice such that you might as well just do the real revolution and actually overthrow capitalism for the same amount of effort.

but the ideology is so centrist and common sense

I really just commented as an excuse to lol at this line.

Georgism is great but we also have problem with corporations so georgism isn't enough. We need socialism or at least distributism

Can you give a TLDR for this if possible

Hey there. Never heard of it, actually. Thanks, I'll find a time to read about it.

What I find interesting in this particular libertarian initiative so far, is that it is addressing an existing systematic issue. Almost all other libertarians I come around seem to be speaking about their and everyone else's morality and righteousness, naively thinking that once we all become moral and righteous, society would become as well.