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re: Do socialists think that billionaires stole their money?
Posted on 2/25/20 at 8:56 am to TheSexecutioner
Posted on 2/25/20 at 8:56 am to TheSexecutioner
quote:
What do you mean by investment? Capital improvements they invest into the land or natural appreciation of the rent value?
Land is scarce, especially land in urban areas. There is value in scarcity. You're saying that if I can afford to buy land in a valuable business area that I should not view this as an investment?
1
Posted on 2/25/20 at 9:08 am to SidewalkDawg
quote:
Land is scarce, especially land in urban areas. There is value in scarcity. You're saying that if I can afford to buy land in a valuable business area that I should not view this as an investment?
I am not sure what you are asking. If the government grants you a monopoly on that land, you will likely see a profit on the appreciation of the rent value of the land you have a monopoly on. Thus, you can view such a deed as an investment.
I don't believe in the legitimacy of such a deed.
I was under the impression this thread was talking about "ought"..... Why retreat back to "is"?
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