This current period reminds me of circa 1987-1988. when Westpac put this advertisement out.
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Which of course I had to tweak as follows:
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In 1987, I put up a monthly ‘countdown’ calendar (to the October 1989 property crash) in at 31 Hardware Street, Melbourne. The property crash, in turn, brought on Paul Keating’s 1990/91 “recession we had to have”.
So, maybe I need to create a monthly countdown calendar to the 2026 world property crash?
No, the taxing of land values is an old idea. We’ve come a long way since then!
Anyway, do you seriously believe that the 0.1% to whom much land rent accrues would put up with it being taxed away for community benefit instead of wages?