NO. Land belongs to all the inhabitants of the world. Cordoning it off for private profit is capitalism, and we can clearly see the evils capitalism has inflicted on humans, animals, the entire planet.
It's not necessarily the asset being invested in, but the person and where they are at in life. So this could be said of bonds, stocks, bullion, strategic metals, gems, etc.
Are they young, old? Working?
Already rich with lots of investments?
Or is it their only investment?
How quickly is the investment expected to turn?
Commercial real estate?
Do they plan on using it someday? (e.g. buy land to build a house on to retire).
it's a great investment in our current economic system, no question. However, I'm not convinced that "ownership" of land is even a logically consistent concept. I mean, it's basically someone fencing off part of the commons, keeping everyone else out by force, and then "selling" it to someone else who now feels entitled to the land because they "bought" it. And I say this as a homeowner and rural land owner.
Also, I think it's unethical to hoard housing when there's such a housing crisis.
It is a qualified yes as it matters how much land and if you can do anything with it. Our “vacant land” forfeiture sales locally are usually for tiny strips of land that can’t be effectively utilized and nobody bothered to pay the property tax millage on. I could buy a tiny right of way at a sheriff’s auction but if I can’t do anything with it I wasted both time and money.
Not going to answer this one, because I'm a a hippy and I think land ownership is generally bad. But can't vote 'no' either, because financially, I'm sure it's a good investment!
@bazkie I voted no for this reason. Given how many people are homeless, buying land that you're not going to live in cannot be called "good". It might be a profitable investment, but it's not a good one.
you might get better performance with the stock market but even if the land price drop you still have it and can use it in so many ways like farming it.
Yes, it's a great investment if we de-fence it by creating legal vehicles for common ownership of the land; absolutely not if being purchased for predatory personal investment purposes.
owning properties but leaving them unimproved is a bad “investment” and bad for the community. If you have improvements, then it’s not really the land you’re investing in but the idea.
I'm qualified yes. Being a custodian of land has been one of the most important experiences in my life. Our house feels vital to our family. It connects us to the community we live in. Our garden is a connection to the natural world.
I understand the problems of owning land when others can't, or of owning land in a settler state. I would like to be part of solving these problems.
i think land is probably a good investment, and it is extremely good to treat land with respect and put effort into it; i also however think that speculative investing driven by what's 'a good investment' is at the root of most of the problems in the world today
Land is the purest form of capital. Accumulation of land for rent-seeking or just hoarding is raises coats for non-capitalists. Control of land is control of behavior on that land. Capital ownership of land is fundamentally oppressive.
Evan Prodromou
•Clemmm
•Yvan DS 🗺️ :ferris: :go:
•Evan Prodromou
•Dieu
•AT-AT Assault 🏳️⚧️
•Jeff Moe
•Evan Prodromou
•Is it usually a good investment, with exceptions?
Or usually a bad investment, with exceptions?
Jeff Moe
•It's not necessarily the asset being invested in, but the person and where they are at in life. So this could be said of bonds, stocks, bullion, strategic metals, gems, etc.
Are they young, old? Working?
Already rich with lots of investments?
Or is it their only investment?
How quickly is the investment expected to turn?
Commercial real estate?
Do they plan on using it someday? (e.g. buy land to build a house on to retire).
et cetera
Jons Mostovojs
•Qualification: highlands, close to big cities but not inside the big cities.
Evan Prodromou
•Evan Prodromou
•Jamie Clark
•o ifrit
•Evan Prodromou
•o ifrit
•https://thehustle.co/09162019-land-billionaires/amp/
And here the real reason https://www.wideopencountry.com/map-shows-apocalypse/ 😁
America’s big business billionaires are buying up LOTS of land - The Hustle
Conor Grant (The Hustle)James M.
•Also, I think it's unethical to hoard housing when there's such a housing crisis.
Tom Brown🏒
•Lex Luthor - Superman 1 - Land Land Land (1978)
YouTubeBen Curthoys
•Stephen Kellat
•ajkandy
•kcarruthers
•bazkie bumpercar | unfluencer
•So, (x) Qualified it's complicated
Evan Prodromou
•bazkie bumpercar | unfluencer
•And if I did have the money, I'd rather spend it on my game development adventures
Toby Inkster :verified:
•Evan Prodromou
•Jono Ferguson
•Yes, unless it is in an area at risk.
Is it ethical and moral to buy and make money from it?
I dunno.
Is it wise to be morally correct to not accept the world in which live?
I dunno.
stephen judkins
•Evan Prodromou
•Phil L.
•Depends on location and usage restrictions
Lyle, a walking haunted house
•kechpaja
•Evan Prodromou
•Evan Prodromou
•Pat CM
•Jon Trossbach
•Steve E
•: j@fabrica:~/src; :t_blink:
•Evan Prodromou
•https://en.wikipedia.org/wiki/Georgism?wprov=sfla1
economic philosophy centred on common ownership of land
Contributors to Wikimedia projects (Wikimedia Foundation, Inc.): j@fabrica:~/src; :t_blink:
•Craig Nicol
•Chris [list of emoji]
•Evan Prodromou
•I'm qualified yes. Being a custodian of land has been one of the most important experiences in my life. Our house feels vital to our family. It connects us to the community we live in. Our garden is a connection to the natural world.
I understand the problems of owning land when others can't, or of owning land in a settler state. I would like to be part of solving these problems.
Thanks to all who answered and commented.
shoofle
•Evan Prodromou
•Old Tom
•