Pop it now!
Moseying through the tinny yet strident “news” from the real
estate markets that housing is on the rebound.
To the real estate industry and theirflacks
in the press
, we're meant to believe any increasing equity will redound to
the benefit of homeowners. Not quite.
Remember where it all started: the unholy triangle between activist
government (everybody gets a house with NO money down) crooked to lazy lenders,
and banks who wanted a piece of the action (even though they had no clue
Two UrbanTools directors, have struck again in the editorial pages of the Financial Times and the Pittsburgh Post-Gazette. In the June 28 edition of the financial Times,Nicholas Rosen
challenges Nobel prize-winning economist Joseph Stiglitz to posit a solution to the problem of growing wealth inequality and economic dysfunction in the United States. Dr. Stiglitzaccurately names rent seeking
as a prime culprit. Curbing the abuses of rent seeking is not just a matter of changing the law however; it is a matter of changing our tax system in the manner of the
Radio Activity: It's in the Air for You and Me*
Land Value Taxation is not just about tax revenue collected from property values in cities. It's also about identifyingrent-seeking
that increase burdens on communities, commerce and citizens. LVT addresses these universal issues: wherever one looks for it, one can find it.
A superb example is the periodic tussles over the air, specifically, the bandwidths of thebroadcast spectrum
inherent in nature.