this post was submitted on 24 Oct 2025
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Fuck Cars

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Don't vote for stupid people

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[–] BlameThePeacock@lemmy.ca 8 points 2 days ago

These aren't hidden, they ARE necessary, and they distract from the real problem which is profit from existing land owners.

If you bought a property 50 years ago for $20,000 just outside of town, and are now selling it for $4 million dollars so that a condo building can be put up, then that money has to come from somewhere and other than being there first, you didn't do a damn thing to earn that increase in value.

Land values account for almost half of the price of a fucking condo, which should have almost zero land cost associated with it because of how many units you can build on a small footprint.