I am saying that the majority of all profits created in the productive economy are taken up by the ever increasing land values. The economic rent always takes the gain.
"Health, education, housin' 'n jobs" is a bit of a mantra I kinda relates ta.
Even ta tha extent some people might get a bit more flexibility in regard ta where they's gotta commute (or not) for their jobs, I still personally suspects tha more picky/aspirational amongst 'em at least, will still want their housing ta be within some sorta distant cooee of tha best healthcare 'n education. (Plus shopping ' smashed avo 'n fancy coffee joints - Flash cnts wot they are.)
Could 'we' build/locate such facilities in bumf*** - where land is cheap?
Well, I guess 'we' could?? - But why would 'we' wanna do it???
As it would crash tha housin' market 'n f*** tha economy - Wouldn't it?
A Professional Demographer to an amateur demographer:"negative natural increase will never outweigh the positive net migration"
Could 'we' build/locate such facilities in bumf*** - where land is cheap?
Yes but only when demand permits, generic new house and (cheap) land packages are quite often located in the mortgage belt which is constantly moving to the outer reaches.
Quote:
Well, I guess 'we' could?? - But why would 'we' wanna do it???
If there is a couple of Bob to be made, why not build?
Quote:
As it would crash tha housin' market 'n f*** tha economy - Wouldn't it?
The price tension in the market and the fact that the mortgage belt is what it is, will mean that any short term overbuilding there wont crash the entire market. The hidden hand and all that.
"Health, education, housin' 'n jobs" is a bit of a mantra I kinda relates ta.
Even ta tha extent some people might get a bit more flexibility in regard ta where they's gotta commute (or not) for their jobs, I still personally suspects tha more picky/aspirational amongst 'em at least, will still want their housing ta be within some sorta distant cooee of tha best healthcare 'n education. (Plus shopping ' smashed avo 'n fancy coffee joints - Flash cnts wot they are.)
Could 'we' build/locate such facilities in bumf*** - where land is cheap?
Well, I guess 'we' could?? - But why would 'we' wanna do it???
As it would crash tha housin' market 'n f*** tha economy - Wouldn't it?
Well it all depends Jethro. If you're hunting critters for a living, best to skin then close to the wilds. If you want to sell the carcasses to a wider target market than your extended family, you would possibly open a retail space in the mall. The idea that land costs are a greater cost component of business in 2017 is a furphy.
I am saying that the majority of all profits created in the productive economy are taken up by the ever increasing land values. The economic rent always takes the gain.
But only third hand by a circuitous route through both capital and income of the productive. The owners of capital, and the creators of wealth they employ, push up the top quintile of the market, and pull up the rest by default. Those who borrow and speculate are simply bottom feeders who hope to get fat on the detritus left behind by those two groups of people. They are only in control of their own wealth to the extent they are able to follow the creators of it around, like a parasite.
Speak when you are angry and you will make the best speech you will ever regret. Ambrose Bierce
But only third hand by a circuitous route through both capital and income of the productive. The owners of capital, and the creators of wealth they employ, push up the top quintile of the market, and pull up the rest by default. Those who borrow and speculate are simply bottom feeders who hope to get fat on the detritus left behind by those two groups of people. They are only in control of their own wealth to the extent they are able to follow the creators of it around, like a parasite.
Whilst I supects ya means that ta be a criticism Jon(?), I reckon it could also just maybe be interpreted as a hint - Just dependin' on wot one's personal values 'n aspirations 'n judgments (prejudices even?) dictates they should reckon (and do) about such stuff ...
A Professional Demographer to an amateur demographer:"negative natural increase will never outweigh the positive net migration"
Well we've had vastly improved communications over the last 75 years and the exact opposite has happened. Good luck with that.
Maybe your granny could work from home with lots of work through the telephone lines, but actual legitimate working from home via the wired network is a recent phenomena for most of us Trolley.
Rufus
14 Jan 2017, 08:49 PM
It's Saturday night and I have better things to do.
Like licking your wounds lol
Rufus
14 Jan 2017, 08:49 PM
It's Saturday night and I have better things to do.
Like licking your wounds lol
herbie
14 Jan 2017, 08:49 PM
"Health, education, housin' 'n jobs" is a bit of a mantra I kinda relates ta.
How you forgot funerals Herbie?
You really must try to absorb more of that day time Tele you watch.
But only third hand by a circuitous route through both capital and income of the productive. The owners of capital, and the creators of wealth they employ, push up the top quintile of the market, and pull up the rest by default. Those who borrow and speculate are simply bottom feeders who hope to get fat on the detritus left behind by those two groups of people. They are only in control of their own wealth to the extent they are able to follow the creators of it around, like a parasite.
Many do call the extractive FIRE economy a parasite on the productive economy as it greedily feeds of its fruits. They certainly do have a one direction feeding relationship where the productive economy generates the gains which are to be fed to the FIRE economy which in turn generates "money for doing nothing" as feedlot for the investor in the FIRE economy. In simple terms it systematically distributes a nation's productive wealth into a land ownership system that is designed to benefit the landowners by rewarding them with capital gains the only effort being the mere holding of the land ownership.
The more successful the economy the higher the land appreciates in value.
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