
Why the housing crisis can undo 30 years of economic growth
The David McWilliams Podcast
00:00
Is There a Value Tax on Seen?
We are an excessively jaundiced democracy where lots of people own very expense homes, but the idea is it's not open to anybody. So we just have to build and build and build. And a party has to introduce a value tax on sight. Every time the wealth of housing goes up, the worth of everything else goes down. As house prices rise, we reward the drone class who are doing nothing but sitting on their holes,. But not only are we rewarding the drone class or penalizing the workers who are going out to work. That is a recipe for political e important point, chaos. Well, well, bustill pocket five. I thout an he started last week.
Transcript
Play full episode