Monday, 28 November 2011

Occupiers, I am a home owner. I am your worst nightmare

Occupiers, think about the following questions:

1 What is location value?
2 Who creates it?
3 Who then, by rights, does it belong to?

The property owner. Or the entire community?

For some context:

There are 25 million housholds in the UK.

The average house price increased by £100,000 during the last business cycle. Tax free.

This value is being propped up mostly by bailing out bank mortgage assets with the earnings of labour and capital. Tax!

Each household gets 2.5 democratic votes.

What do people really vote for, freedom, justice, equality? Or higher house prices?