Saturday, 23 January 2010

A property voucher scheme would enable property to be leased from the State

Since is it not legitimate for an item (or land) to be owned for all time, into perpetuity, then all items are rented from the rest. Then, it must come time eventually that the land we live on must be auctioned again and placed into the market.

It is the State that must auction the land, or other subjects of labour (means of production) which are purchased from everyone else...

Perhaps there could be a rule that the incumbent is able to retain the property with a bid of around 5% less than the competing bids?

We each would have a Land Purchase Credit, or Land Rental Credit which can be used to acquire land as required. So then we would each be given a particular stipend which we can choose to spend on land. Each year, we would be credited with, say, 100 units which can be spent on land which is leased from the State. They could be called Land Credits...

...all land would be leased from the Government and the State would be landlord for all properties. They could be exchanged between countries. It would be possible to sign away future credits so that a property can be secured for multiple years. Someone presently in a property would be required to sell it to the State and it would be profitable for them to dispense of the property before this eventuality.

The Land Credits would be issued so that we can each exclude others from certain property of our choice, purchased in the market. Essentially, a property voucher system.

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