Debt jubilee: The case for cancelling debt
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Can Canadians Get Richer by Having High Prices for Housing?
In germany, for instance, a rent, the cost of housing, is 20 % of a personal income. So if you just look at does canada really get richer by having it high prices for housing that make them, you pay so much more of your income than in germany. The real estate sector and the financial sector have merged. And e if you unmerge that, you'll get rid of the single largest stuff force, forcing people into debt to buy their homes. All the while, professor hudson says the government's land tax revenue would be so much that we could cut taxes elsewhere, like income taxes.
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