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Floyd Marinescu πŸ”°

@floydmarinescu

@InfoQ & @QCon co-founder, Founder of @UBI_Works, @CommonWealth_ca - Into health, wealth (economics), knowledge of Self.

calendar_today03-03-2008 17:41:24

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Floyd Marinescu πŸ”°(@floydmarinescu) 's Twitter Profile Photo
Floyd Marinescu πŸ”°
@floydmarinescu

3 weeks ago

Canada will allow 30-year mortgages for first-time home buyers. This means that for the same monthly payment you can get $50k more credit to bid housing prices higher, in exchange for paying $200k more in interest long-term.

A better solution would be land value tax. 1/4πŸ‘‡

Canada will allow 30-year mortgages for first-time home buyers. This means that for the same monthly payment you can get $50k more credit to bid housing prices higher, in exchange for paying $200k more in interest long-term. A better solution would be land value tax. 1/4πŸ‘‡
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