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Comment Productivity over a lifetime (Score 1) 216

So crunching some numbers. Hard math ahead, watch out: So one spends 2 decades in school. Works for 5 decades. Is on pension for 5 more decades. So one's productive for less than half of one's whole life, and during that time one must support oneself and another unproductive person (young or old).

Comment Re:Want to keep property a certain way? BUY IT! (Score 1) 307

"I did join together with my neighbors to purchase the property. It's called being a citizen and paying taxes."

You and your neighbours paid nowhere near enough in taxes to purchase control rights over that property. You are party to making countless others pay taxes too, and subordinate their personal preferences, in order to "purchase" your beach view.

Comment Re:Only in America (Score 2) 307

"without making any contribution to productivity"

But without the compulsion of government, this can't really happen. Most middlemen do in fact make a productivity contribution. In this case it's pretty clear: it's an auction / pseudo-credit-rating type system that brings value to the landlord. Enabling finding a rental property even at landlords with such high standards bring value to the renters too.

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