Posts Tagged by vacant homes
|November 15, 2013||Posted by Staff under Activism|
Speculators buy homes not to lease them out but purely for capital gain and so don’t bother with having tenants before selling, driving up the number of empty properties. That’s one way to grab location value. A better way is to get a share of the all the land value in one’s region. Owners would get all the value of their buildings, but not their site. Ground rents would become our common wealth.