I wonder with crypto and the dysfunction of nation states growing if property tax or some sort of land value tax may be the only collectible one in the future?
If it collapses that far, then I think there's a chance that we could see the old Depression farm sale paradigm where the community would gather at the auction to make sure the only bidder would be the evicted owner so they could buy it back for a penny. Or we could see complete overthrow of the system.
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I wonder with crypto and the dysfunction of nation states growing if property tax or some sort of land value tax may be the only collectible one in the future?
If it collapses that far, then I think there's a chance that we could see the old Depression farm sale paradigm where the community would gather at the auction to make sure the only bidder would be the evicted owner so they could buy it back for a penny. Or we could see complete overthrow of the system.
This still happens now. So I'm quite sure we'd see it happen.