• determinism2 [he/him]
    ·
    3 months ago

    Land value is built on the backs of current generations, especially renters. Even single home owners who do not own rental properties gain property value on the backs of renters in their community. Renters pay the same local taxes, taxes pay for local services and infrastructure, local services and infrastructure increases land values. All land owners see a return on their tax liabilities expressed through land value while renters see none.