I know, for certain, that monetising rent and instead taxing hard work, skill and enterprise for government revenue instead, is root cause of poverty, bankruptcy and great recession across the world. In all times and all places, in the past, now and in the future. Ultimately it is root cause of all the biggest social problems.
For anyone with low IQ, this will be the wrong answer. This is why I tell you low IQ people won't understand it. Largely because low IQ people are instruments of the authority rewarding them for their obedience - by listening to the 'right' answer authority gave them already.
I do not agree with this policy of monetising the rents. I'm telling you because a democratic majority of The People, largely of low IQ, have decided to make it the foundation of every economy through their vote. And the only way to protect your household from this pathology and their psychopathy is to exploit the situation, legally, by all means. Else your household will be at high risk of financial collapse, the division of your family and a future of virtual slavery for your descendants who will not remember you with honour.
This is a matter for those with high IQ. With a low IQ you will not be able to see the merit in it and will flail around with low IQ allegations of hypocrisy, empathy farming and guilt shedding.
Understanding this well and acting quickly on this policy is why wealthy people are wealthy on the whole. Sure, everybody works hard. But only those with High IQ will make way. They own real estate, mostly. Not gold. Not Bitcoin. Not shares. Real Estate. They have made the wise decision for their household: to defend it from authority and the bad actors obeying authority in the only way they can legally. The wise always look after their household as a first duty in this way by choosing to be High IQ.
Real estate is untaxed, in the end, - it's the safest asset for a household to invest in - if untaxed it must be impossible to tax the wealthy - those with high IQ mostly own assets which are untaxed and understand this fully right away. High IQ people never mention it because low IQ people are jealous of wealth and hound them ridiculously, because they're furious they made the wrong decision to remain low IQ. Low IQ people also stupidly call for the wealthy to be taxed more, yet are oblivious to the fact that it's impossible if the assets they own, real estate, are not taxed. Authority knows this very well indeed and uses it deliberately as a tool to control the low IQ obedient at scale - encourage jealousy of wealth to divide, block wealth from being taxed, carry on with power. The barmy thing is, low IQ people voted for it too in aevery democracy. Even in Soviet tyranny it was used identically, more so given it is so effective in gaining obedience from the willing at scale. Can you see the Low IQ in action here?
This also means in the West that homeownership is 'democratised' - with 27 million households in the UK alone, each with 2.5 voters inside, it represents a democratic majority who will never vote against it more than everything else. In the US there are a hundred million households. The only reason a household votes against private property in land is because they have a low IQ 'father' and a low IQ 'mother' looking after it. Obedient people can both support the policy and oppose it at the same time if they're low IQ. They see that protecting the household from authority by exploiting the policy is a moral hazard which brings no reward in the social hierarchy for them - they might be cast out of the tribe which is a worse prospect than losing their family. So they always obey. All this will be a paradox to those with low IQ. I did tell you not to ask me to convince you if you insist on choosing to be low IQ.
And those with High IQ recognise quickly that private property in land is double dipping - 1) in the un-earned capital gain in selling price and 2) the imputed or actual annual rental earnings, both being about 5% of the property value Y/Y. Far more than a typical pension 401k. Far more than a typical small business can earn. Yes, it's less than high risk stocks for example but these are high risk already! Gold and crypto are higher risk still.
And even during a house price crash, though real estate assets fall by about 30%, everything else(that is, all capital assets, crypto and gold) has already fallen in value far more. So counterintuitively real estate actually rises in value relative to everything else's during a real estate crash. Worse yet, everything else will never regain the lost ground, often disappearing out of sight altogether. But house prices will soon proceed with their onward march during the certain recovery within about 6 months. This is the principle way in which most of a nations wealth is transferred systemically. Not even could the Red Terror and the Great Terror transfer wealth more effectively by killing 50 million of its own people trying. Do not believe the bankster haters. They are low IQ too and are quickly tempted to focus on superficial theories which help them 'escape' back' into low IQ territory. To be fair, the banksters are mostly low IQ too, but I digress.
The only time real estate prices, that is, the capitalized rental value of land, do not recover, is when that civilzation crashes or starts it's final descent into the deep. And then there will be far more to worry about. This does happen periodically. Given annual rental values are still rising over an extended period, we're OK for now. If rental value, aka location value, falls consistently for 50 years, then, we're in trouble and you may suddenly see appear in front of your face the consequences of choosing to be low IQ.
This is why governments of all party's never go near policy on real estate, except to pussy foot around with it, pretending to do something to maintain obedience - such as with mansion tax, stamp duty or council tax or even threatening to end landlordism whatever that means. All these pretend remedies are used as tropes by the obedient and low IQ instruments of authority and only fiddle around the edges. For a government to be serious about solving the great social problems they MUST confiscate 100% of the economic rents and abolish 100% of all taxation. There is no escaping this observation unless you are low IQ. But this would mean authority would be giving up it's most effective instrument of control. And low IQ people need to 'be seen' to be obeying authority more than anything else to be rewarded by their peers. If a politician were to even hint at it, they would be immediately unelectable for 20 years, of course. I know this with primary evidence - from sitting in Portcullis House with my MP in 2010 and having him tell me exactly that. The party making the law is irrelevant here. Private property in land and taxation of earned incomes is the only policy on which all party's agree in perfect harmony. But tacitly because they are all low IQ too for the same reason - Obedience as instruments of authority.
Then we have the lowest of the low phoney planet savers who tell us they came to save us yet do nothing to save us and collect huge wealth and power in the process - the only way the planet savers can beat this system is to confiscate your real estate property in its entirety - also known as socialist anarchist fascism. So beware, if you elect an anarchist, hard left or communist government- really beware! Not only will they confiscate the rent and selling price of your real estate, They will confiscate the property itself - you will effectively be a slave to the centralised state. And what's much worse still, they will keep taxing your hard work, skill and enterprise. You will be a slave of slaves. I laugh when I see a nationwide attack on Digital ID for example. Its such a tiny problem relatively. Those with low IQ are using it as an escape. Its similar to the psychopathy being wielded against the Jews about Palestine - when communist China kills more people daily and willingly admits it. But there is silence on that! I would be executed by China for this, ex juris, if I was a popular enough influencer. And this is why all influencers are low IQ too. They are only in their position in the hierarchy because they emit low IQ waves.
Yes, I hear you. Nearly half of the electorate already seem to be happy about this pathological policy arrangement. OK, so half the population is low IQ, I feel shame for Britain and the US it's true. We can see the low IQ voters 'running cover' for the crooks in the civil service and public sector, in exchange for the kind of 'protection' slaves have always got from their master - welfare job salaries, pensions, bread and circuses. So its curious to see how their opponents in the form of pundits are not pointing this out with clarity - if half the people of a nation want to destroy the future for our descendants, what will you do? - THAT is democracy for you. Are you proposing we overthrow it as we saw attempted by the ex president in 2016?
You have a choice to rise above this obedience led authority and find a way out. If you have High IQ you will know already it is to monetise the rents. Knowing full well this policy will definitely bring down every economy in the end. Your protection is that it's all perfectly legal. If you have High IQ and monetise the rents you stand a strong chance of surviving the flood with your family intact. People say this is not showing empathy for the poor. Wrong, it's showing that people with low IQ choose to remain with low IQ, deliberately, because they care more about their obedience status than their family, that is all. Empathy is just virtue laundering, fake, an escape for those with low IQ. If you have particular sympathy for the poor 'on the earth' then you must also ask why do they deliberately choose it - why do they never choose to rise above it? And for the poor in spirit, that is a different and more pertinent matter.
This is why governments of all party's, during hard times, always bail out real estate first. In the trade this is known as 'front running'. The state do this for High IQ households as a free service. Households will be bailed out even before the banks. The rate at which you get the bail out depends on the proportion of real estate you own free from debt. Mortgages are the vehicle for this legalised and democratised Ponzi and have great utility here. But you really really don't want to be highly leveraged on mortgage when the inevitable financial crash hits overnight. A good rule of thumb is to have enough saved to pay 6 months mortgage rent and you will usually be able to hold out until the recovery comes. If you have High IQ.
So you see, blaming authority for our problems is for those with low IQ. People with high IQ know it is obedient people with low IQ who are responsible for making their own bed. He came to tell us this in Romans 13. And authority - who The People willingly select and then worship every time, are merely their proxy, doing their bidding very well indeed. Those with the highest IQ of all recognise that under these extraordinary conditions the only way to protect their household is to monetise the rent - get real estate and Hold Onto it for Dear Life. To HODL real estate(hoddle). And all other forms of investment are for those with low IQ: losers, the wilfully ignorant and ultimately the poor.
Can you feel it now, can you feel a churning visceral feeling in your gut? I can tell you what that is. It's fear. The fear that you might need to change your mind at a deep level and you're scared because you do not know where that will take you - into the unknown and without an authority as your master. You've been an obedient instrument of authority your whole life and now you're starting to say "No, this is wrong". But that resistance means you're no longer being obedient. You're no longer a tool of authority and are becoming autonomous again like you were as a child of 7 years, long ago. The fear is that you do not know where this will lead, and, you are at risk within your obedience peer group which, if they find out, will reject you, into exile.
This is what is takes to become High IQ. It is not easy. There are no guarantees. You can remain low IQ, its entirely up to you. If you remain, your household and family are at risk.
Choosing to be high IQ is a free choice. Not a social construct, nor something you were born with. Everyone one born can achieve a high IQ, IF, they deliberately choose it. Its a deliberate free choice to have a High IQ and to have a low IQ. At least half of the electorate choose to retain a low IQ. In simpler terms we can refer to them as 'slaves' in the most obvious sense - a slave always throws their own obligations onto the state - their earthly master, by free choice. When the eminently possible alternative is to run to the free land.
I know that monetising rent and instead taxing hard work, skill and enterprise for government revenue, is root cause of poverty and great recession across the world. I do not agree with this policy. I'm telling you this because a democratic majority of the people with low IQ have decided to use this policy systemically, so the only way to protect your household from them is to exploit it. By getting rent!
Notes
* This is not financial advice, it's a forecast based on learning how to remember the future.
* By low IQ I do not mean mentally handicapped people in any way. I mean anyone with all their capabilities, who makes poor decisions and projects their problems onto others when that strategy inevitably fails. So the standard for IQ tests is just an analogy which conveys meaning in the best way.
* This piece is an analogy of Romans 13