We could be worrying about better things than whether home prices are going up or down.

When you think housing crisis, think land crisis instead. Homes depreciate — it's land that goes up in value due to the work of society around it. Land is also the #1 driver of net worth AND poverty. The fair thing to do, then, is to tax land instead of incomes or homes.

A healthy economy shouldn't be this heavily focused on getting rich off land Successful Canadian entrepreneur says land value tax would bring housing prices back to reality

Income tax punishes you for working. Let's replace it with something better.

From Bernie's AI Report Real wages *dropped* $30/week Among his recommendations: - 32-hour workweeks with no pay loss - Employee stock ownership - Robot tax - Guaranteed income: family/medical leave, seniors What they have in common: spreading the gains of AI more broadly

How to unf**k the economy This finance expert says tax land. Land rents are effectively a tax on the next generation and workers. We should AXE THE TAX on young people by sharing land value better. This is how to unf**k Canada

"Those who are taking from the commons, who are making profits from our commons, should compensate the commoners. And those who are polluting the commons, diminishing our commons, should be compensating those who are suffering as a consequence." — Guy Standing

One of the most popular & successful programs of all time: Alaska's universal dividend paid to all residents every year. They agreed that natural resources are the common wealth of the people and should benefit all current & future generations. Canada should learn from this.

We've got to ensure everyone has a fair shot by sharing in the value of nature and our common wealth.

LVT fixes this

LVT = LBT (Least bad tax)

The answer is to build common wealth to give all citizens an economic stake in the upside and a non-labour source of income. Social wealth funds, AI dividends, and stock grants all move us in this direction.

Wealth that's created by nature or society as a whole should pay dividends to all. It's a practical, market-based solution to end poverty and ensure the survival of a large middle class.

We had a packed house for our Toronto Housing & LVT meetup with @ericlombardi.ca @commonwealthcanada.bsky.social Eric is someone to be paying attention to, for the sake of Canada's future generations. Read more

With Land Value Tax, the owner in both scenarios would pay the same. So the one on the right would have a strong incentive to put it to a higher use vs. just holding it for profit. This is how LVT would encourage more supply and help address housing affordability.

Paypal co-founder Peter Thiel calls the US, UK and Canada a "Georgist real estate catastrophe". A giant wealth transfer from younger/working class to older/landowners. He supports taxing land (over other things) to fix housing and the economy.

Canada is on track to lose $1 TRILLION of our country's minerals wealth to private extraction, equal to a head-tax of $24,000 per Canadian. This is a shared inheritance that should be paying citizens dividends instead.

Broadcast spectrum revenues "could and arguably should be distributed as dividends". - Brent Ranalli, author of Common Wealth Dividends But instead of being paid, Canadians are paying spectrum oligopolies.

Spokane is looking at land value tax. "The goal is to encourage growth, lower bills for some taxpayers, stabilize tax burdens for everyone and disincentivize undesirable behavior such as speculating on land and allowing buildings to fall into disrepair."

FDR also said "Henry George was one of the really great thinkers produced by our country." He probably supported George's idea of taxing land instead of workers and productive capital.

Thank you to everyone who came out last night to talk about how land use shapes Ontario’s economy. Hopefully the first in an “Ontario Can Still Win” series! Special shout out to @commonwealthcanada.bsky.social, @kenjaminyang.bsky.social and the Henry George Foundation for hosting.

Won't someone please think of the property investors?

Every Canadian should be getting dividends from nation's vast common wealth.

At the root of our housing crisis is the collective desire to treat homes as an investment, not just a place to live. How do we turn that around?

We're taxing what you earn from work way more than what you don't earn from rising land prices. This is actually what's driving the housing crisis that noone elected ever talks about.

Pretty huge This is the engine for distributing AI abundance

Live long and prosper 🖖

BREAKING: New OpenAI report calls for a Public Wealth Fund that distributes UBI, taxing automation instead of labor, and 4-day work weeks. “We should aim for a future where superintelligence benefits everyone”

Interesting that Princess Alice probably supported Henry George's idea of taxing nothing but land.

One of the Founding Fathers of America, Thomas Paine, believed citizens should be paid dividends from the rent of land, which noone created. Today, Alaska sends cheques to everyone from their natural resources. And many believe we shouldn't tax hard work, but land instead.

Economic freedom begets more freedom "As one person after another explains, basic income didn’t bring on a golden age of laziness; it did the opposite." thetyee.ca/Culture/2026...

"If there is any one group of humans who when freed from the constraints of economic considerations are capable of envisioning new ways of existing in the world, it is artists. Take the money, please, and fashion a new world!" thetyee.ca/Culture/2026...

The greatest conflict of interest: 95% of Canadian MPs own property, 40%+ are landlords. "They definitely don't want the price to go down because they need the money." Nobody in office is saying it: homes can't both be good investments and affordable.

Canada: where you get rich by sitting on land, not by building anything

We have 2 markets for homes that are fundamentally at odds: 1) to live in and 2) to get rich. This is driving prices way beyond the need for living.

Workers are overtaxed and 'double-billed': they pay tax on income, which funds public goods that raise their rent. The late economist Fred Foldvary said this is a major cause of income inequality and why we should tax land instead of wages.

Jon Stewart: "Capital is king and labor is devalued." Kyla Scanlon said capital can give labor a voice and an equity stake. Don't forget land. We should shift taxes from income to land value and broaden capital ownership through social wealth funds that pay dividends.

"We should have a shift from taxing earned incomes to taxing wealth and ecological invasions of our commons, and thereby build up a Commons Fund from which we could pay a basic income." - Guy Standing

"The uncomfortable truth is that Canada's high home prices are a deliberate policy choice. Our system encourages housing as an investment rather than a basic affordable need." — John Pasalis, President of Realosophy Realty

Toronto landlord who owns 30,000 houses explains why young people don't want homes. Remember, your income is taxed way more than their land profits.

1 in 2 Canadians say they're spending ALL income on basic expenses and will never get ahead. It's hard not to feel paralyzed when most of your paycheque goes to housing and taxes. To fix this, tax land instead of work to bring down prices and let working people get ahead.

Alaska's oil dividend paid yearly to every resident creates the missing link between citizens and their rights & duties to their natural resources. It's an exemplary model of paying common dividends from common wealth, which Canada and the provinces would do well to follow.

Huge housing price growth despite weak economy, or driving a weak economy? Every dollar sunk into land rents is a dollar not producing anything of value for humanity. We need to tax land, not productivity.

The key to shorter workweeks is better sharing common wealth from nature and technology: - shifting income taxes to land value (by far the biggest sink of disposable incomes) - AI dividends that let everyone share in the productivity gains

28 vacant homes for every homeless person There's no amount of housing we could build that would fix this, while investor demand grows Our tax system valorizes land as a golden investment while taxing the hell out of working families

Toronto's biggest housing advocate says tax land, not work

One of the greatest thinkers of all time believed taxing the increase of land wealth is consistent with the principles of individual liberty and private property. Land value is created by the community, but enriches the owner.

One Aussie says what all Canadian politicians won't. "As more of the population bought into housing as a wealth-building tool, price increases became not only inevitable, but politically desirable." Can you imagine an elected official saying this?

Rising land prices are the biggest contributor to growing net worths, not incomes from work or other investments. To reduce inequality and build a stronger economy, tax land.