@CosmicTrigger @humansriseup @fcktheworld587 @steven

We prefer the proportional #landTax. Land those who own the most properties the most, and then redistribute it. There are plenty of homes and bedrooms, they are just not being used.

Study upon study has shown that properties are used for #speculativeInvestment.

"Spectacular accumulation occurs when investors speculate on a product that may or may not exist. Investors are looking for the appearance of success. They cannot afford to find out if the product is solid; by then their chances for profit will be gone. To invest in software development requires this kind of leap: Software developers sell their potential, not their product. Biotechnology requires a related if distinctive leap of faith to trust the processes of innovation and patenting to yield as-yet-unknown property rights and royalties. Real estate development requires an assessment of desirability and growth, not demonstrated occupancy; it sells investors attractiveness. In each of these cases, economic performance is conjured dramatically." (Tsing, Friction, 2005:75)

#Capitalism #SpectacularAccumulation #SpeculativeInvestment