Author: BoMiller

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Post time 2013-9-25 12:42:25 |Display all floors
This post was edited by KIyer at 2013-9-25 18:47

This is interesting - I suppose a half-way step between state owning all land all the time and total freehold.
In effect, most 'Real estate' is not completely and freely owned even in capitalist countries - there is a string and sting attached - property taxes. It is not like owning a fridge or clothes - once you buy no one bothers you and you are done paying. But you need to generate sufficient income to pay your land rates or property taxes, else you will ultimately forfeit your land - it will be sold to pay for your taxes due, just to keep it in your ownership. It used to be outright a straight property tax just because you own some land or a house/apartment. Now they have it inseparably attached to services like rubbish collection etc. One cannot simply live on a piece of land you own without disturbing anyone and without paying something regularly. There is 99 year lease in the Australian Capital Territory, after which the land reverts to the Crown. btw, ever wonder how the word 'real estate' came to be? "Real" is spanish/french/Latin for 'Royal', all land was considered the 'Royal estate' and you had to pay tax to have some claim to 'ownership'.  It is still effectively the same - all land is really owned by either the state or the 'Crown' which can own it without paying any tax - private landowners have to pay for the privilege in an ongoing manner.

The meaning of ownership is no longer 'freehold' for most lands, in most of the world or 'outright ownership. The meaning has 'evolved' to the point it no longer means what it meant a hundred years ago or a thousand years ago. It only means you are responsible for all the burden of taxes. Unless you make the land pay enough to pay your land taxes and some more to support you, you cannot simply own it and let it be! We really delude ourselves thinking we 'own' land in the long term. We just have some temporary rights to it, while alive, productive and are capable of paying taxes.
My friend the Black Swan

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Post time 2013-9-25 15:41:43 |Display all floors
robert237 Post time: 2013-9-25 08:44
Showing your ignorance again.

If you want to make such a post explain your reasoning.

If the Government does not want to make high priced properties why do they not make tha land free and force the developers to build low cost housing

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Post time 2013-9-25 15:43:25 |Display all floors
soapdodger Post time: 2013-9-24 18:27
I guess the current crop of leaders are just smart then, what with knowing that the socialist phas ...

You do not expect a sensible response from Red Robbo do you?

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Post time 2013-9-25 18:35:11 |Display all floors
robert237 Post time: 2013-9-25 08:44
Showing your ignorance again.

Debate as a man Robert, that´s not a proper answer.

Btw, Do you think Mr Wang Jianlin is a good communist?
Denial, according the psychoanalysts, is one of the most primary mechanisms of defense. It consists in the attitude of denying or minimizing obvious facts of reality with which the individual can´t  cope or whose irresponsibility is unable to meet.

And I agree.

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Post time 2013-9-25 18:37:30 |Display all floors
RealMadrid1 Post time: 2013-9-24 17:22
How many properties in the US do you own?

Filthy Capitalist Pig.

He lives in an old trailer using wifi from his neighbors.
Denial, according the psychoanalysts, is one of the most primary mechanisms of defense. It consists in the attitude of denying or minimizing obvious facts of reality with which the individual can´t  cope or whose irresponsibility is unable to meet.

And I agree.

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Post time 2013-9-25 19:03:18 |Display all floors
robert237 Post time: 2013-9-24 09:55
Aww... so cute. You are on a rant for your capitalist masters who want to own everything.
Relax litt ...

He is correct and you know it

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Post time 2013-9-25 19:05:16 |Display all floors
messi30 Post time: 2013-9-24 18:35
Robert, why do you like to looks so dumb in this forum?

You leave the disable alone, Red Robert cannot help if he is flucked in the head. He was probably born this way. Shame on you

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