This article makes some interesting points, but I do find it strange that they reference George without referencing his famous idea of a land value tax in this context, a proposal which would at the very least put a sizeable dent in the ability of landlords to directly benefit from the increase in value of their land resulting from municipal service improvements while also encouraging better use of property in general.
Rent controls could be another alleviating factor. As could indirect competition from subsidised/social housing.
I'm not really comfortable with how the article attempts to frame municipal social improvements as something which must implicitly also drive wealth inequality, despite the other potential remedies to this.
Rent controls could be another alleviating factor. As could indirect competition from subsidised/social housing.
I'm not really comfortable with how the article attempts to frame municipal social improvements as something which must implicitly also drive wealth inequality, despite the other potential remedies to this.