Robert Heinlein, science fiction author, proposed we set our price on property, pay tax on that price, and are obligated to sell to an offer of that price.
Sounds workable, but dollars were silver then. Today we have, "borrow new printed money from the federal reserve discount window at 0% and buy the unfinished subdivision for rentals." That and property tax. You will own nothing.
Robert Heinlein, science fiction author, proposed we set our price on property, pay tax on that price, and are obligated to sell to an offer of that price.
Sounds workable, but dollars were silver then. Today we have, "borrow new printed money from the federal reserve discount window at 0% and buy the unfinished subdivision for rentals." That and property tax. You will own nothing.
(post is archived)