When your policy proposals require extinguishing desires built into our minds and bodies by millions of years of evolution, you should go back to the drawing board.
The root of all evil is unqualified, absolute, extreme statements, and the people who fervently believe in them.
- Most terrible things people do are for the gain or preservation of resources and most people either have kids or want them. Piracy, animal poaching, bear bile farms, kidnapping and ransoming people, making and selling hard drugs, organised crime in general, war, telemarketing. Most people doing this aren't millionaires looking to buy yacht number 4, it's largely people just providing for their kids and we rightly hate those people anyway. So again not really a defence.
You're equating assault and rape with leaving money for your kids.
I think it's obvious why not doing the first 2 is pretty easy and not doing the last is pretty hard.
If it covers rape and murder it's not exactly a good defence for not being bad for society.
Singapore uses this system today and is a capitalist powerhouse.
The desire to build generational wealth is natural. The enormous downstream consequences of allowing people to do that will eradicate all of the wealth anyway through violent upheaval or economic collapse. It’s happened dozens of times already, and it’ll happen again.
Not that different than low-income housing in SF that people purchase. The price is artificially low and appreciation (for the owner) is capped.
Yes it’s unknown what the effects of lease expiry are, but that’s not relevant to the argument since LVT doesn’t affect leases/ownership.
The similarity is in how rent gets captured again by the community. Singapore does this, still capitalist. The US can do it, it’d still be capitalist.
HDB is analogous to low income housing, but neither of those are similar to leasehold or LVT ground rent capture.