RE: Do We Own?
July 16, 2013 at 12:45 pm
(This post was last modified: July 16, 2013 at 12:55 pm by The Grand Nudger.)
(July 10, 2013 at 6:50 pm)genkaus Wrote: Not really. Right now, a person can leave a piece of real estate undeveloped for years.Sure, but how that would be able to modify my statement - that priority use and deferment are at cross odds...is a bit of a mystery.
Quote:The concept of deferred use is an aspect of investment. I may reasonably expect the value of the land to go up in future if it is left unused, while it may not go up as much if it is used.It's not a concept solely limited to investment, but sure, right now deferred use is an aspect of investment. I'm not sure I understand....you seem to be asking me how we might insure some value to an investment (which we don't do now anyway) from a model that makes the concept of investment - along with the concept of ownership - null. I'm not sure how I would answer a question like that. The question seems to be "What if I want to buy a piece of land, sit on it, and have a reasonable expectation of a return on my investment?" (correct me if I've misunderstood?) to which the answer has always been "You can't buy anything in the first place". Anything that follows "what if I buy" in a model that is put forward as an alternative to ownership is essentially a question for some other system. Doubly so in the case of "sit on it", and triply so in the case of "reasonable expectations of a return on my investment".
Quote:And right now, the choice to use is up to me. That is an advantage that property rights model would have over priority use.Agreed.
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