this post was submitted on 16 Oct 2024
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[โ€“] ThrowawayPermanente@sh.itjust.works 4 points 10 months ago (1 children)

Rents will presumably rise accordingly, and then be captured in the form of a tax that is both very difficult to evade and no longer harms economic efficiency

I think that's a rather hopeful view of the situation, but, on the other hand, I guess it would also help real estate bubbles from forming so there's that at least.