Monday, March 2, 2020

Standard Rent, Premium Rent, and Commercial Property

Welcome to the Global Structural Reforms discussion board! 

This is a forum for discussing proposed global structural reforms, with a particular focus on a transition towards a "Full Employment Microeconomic Liberalisation's Free World Industrial Settlement" and its 'Multi-Roster' system.

This is a space for respectful debate and the sharing of knowledge and perspectives. We encourage you to actively participate and contribute your insights.

Proposed Reform

Government Management of Net Rental Flows and Public Ownership of Land

Summary

This proposal suggests a significant shift in economic policy, where the government would:
  • Control Net Rental Flows: The government would manage all rental income in the economy.
  • Public Ownership of Land: All land and property would be transferred to public ownership through the use of eminent domain.
  • Rent Taxes: Citizens and businesses would pay rent to the government, deducted directly from wages or through negotiated business plans.
Potential Impact

This reform could have profound implications for the global economy, including:
  • Housing Affordability: Potentially addressing housing affordability issues by controlling rent prices.
  • Economic Stability: Managing aggregate demand and potentially reducing economic volatility.
  • Government Revenue: Generating significant government revenue through rent taxes.
  • Property Rights: Raising concerns about individual property rights and potential government overreach.
  • Investment and Innovation: Potentially impacting private investment in real estate and related industries.
Discussion Points
  1. What are the potential benefits and drawbacks of this reform?
  2. How would this impact individual property rights and economic freedom?
  3. What are the possible consequences for investment and innovation in the real estate sector?
  4. How might this reform affect housing affordability and economic stability?
  5. What alternative approaches could be considered to address similar economic goals?
We encourage you to share your thoughts, concerns, and perspectives on this proposed reform. Please remember to keep the discussion respectful and constructive.


Background Materials

Eminent Domain



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