🤔 real-estate and gdp

if real-estate is a big part of total economy or big part of an economies growth, it's likely a signal that "the snake is eating itself" (from a georgism perspective)
- ie. it's not a good thing in of itself
- it's a lagging indicator that other parts of the economy are doing well (people are able and willing to spend more money on land)
- but it's a leading indicator of future troubles (higher land costs absorb value out of other productive parts of the economy)

2023-04-09

#economics

2022-11-29	🤔 georgism lightning talk	#georgism
2022-08-05	📓 georgism - land value tax	#public-policy #economics #land-value-tax #georgism
2023-02-01	🤔 inflation	#economics
2023-01-31	🤔 real estate tax	#public-policy #taxes #land-value-tax
2023-11-19	📓 the deficit myth	#public-policy #economics

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