@cjd
That's a possibility, but we think its important to curb accumulation and monopoly in land, or you end up with Lords building crap for the majority, and who get supported by govt payments, ie, the UBI just goes direct to them.

No competition possible.

Also why a #UBI needs to go up slightly with age, creates that needed uncertainty in housing market to restrain prices.

@cjd
And when we say "building crap" we mean the #tenementSlums they are erecting now for us.

So flat #landTax will likely mean maintaining the statusQuo.

@cjd
Also the more land one owns the less connected to each tennant the entity is and the greater the #economyOfScale for the entity.

Not having it progressive therefore punishes the smaller operator.

@cjd
Short Selling is selling something you don't actually own, its a bit like #fraud and comes under the banner of #financialisation. It's built around being destructive rather than productive.

Wasn't it illegal until the 1990s?

#shortSelling #rehypothecation #ownership #hyperFinancialisation

@cjd
It shouldn't matter what land a person owns outside of a nation, or #UnionOfNations, for the purpose of taxing land.

Keep in mind the more nations in a UnionOfNations the worse for privacy. Any such union could probably be restricted to continents (or halves or quarters thereof), and ought to have comparable values, and societalNorms.

#land #taxation