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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

File: 1.02 MB, 4140x1868, Landlords.jpg [View same] [iqdb] [saucenao] [google]

Anonymous Sun Apr 26 02:48:38 2020 No.18690517 [Reply] [Original]

Is what Adam Smith says about landlords and their income true /biz/? You can't refute this.

>>	Anonymous Sun Apr 26 02:49:55 2020 No.18690530 >>18690517 wagie cope

>>	Anonymous Sun Apr 26 02:53:39 2020 No.18690571 What did adam smith want to do about landlords make it illegal?

>>	Anonymous Sun Apr 26 03:32:29 2020 No.18690952 >>18690571 He wanted to tax them into oblivion and give the benefit directly to society and make them work so they don't become so stupid

>>	Anonymous Sun Apr 26 03:39:05 2020 No.18691001 >>18690517 What if people bought a property and fixed it up and then resold it higher? What about the people that continue to fix up the house even if it is rented out to someone?

>>	Anonymous Sun Apr 26 03:42:35 2020 No.18691029 File: 220 KB, 378x379, dog.png [View same] [iqdb] [saucenao] [google] >>18691001 They get called racists for gentrifying

>>	Anonymous Sun Apr 26 03:47:21 2020 No.18691069 >>18691001 1. They would still make a profit. It is the land that is taxed, not the property. Also, the tax would not likely be 100% 2. Assuming they own it they will still make a profit

>>	Anonymous Sun Apr 26 03:52:03 2020 No.18691112 Adam Smith is a lot smarter than me and way, way, way smarter than any landlord I've ever had the misfortune of dealing with so I defer to him on this subject. Looking forward to some good landlord cope itt.