It's really an amazing study in political science. Progressives are supposed to be all about helping the poor, but some were sold a camouflaged dystopia.
To reach utopia - the fantasy goes - we must first travel through a dystopia in which the poor are enserfed by the housing barons, paying upwards of 70% of their income in rent. Unfortunately the dystopia never ends in practice.
Then there's the perplexing question of how real estate taxation got to this point. As the saying goes, a real estate family that pays any income tax at all needs to fire their tax advisor.
To reach utopia - the fantasy goes - we must first travel through a dystopia in which the poor are enserfed by the housing barons, paying upwards of 70% of their income in rent. Unfortunately the dystopia never ends in practice.
Then there's the perplexing question of how real estate taxation got to this point. As the saying goes, a real estate family that pays any income tax at all needs to fire their tax advisor.