2025-12-05
33 分钟The Economist.
Another priority for a new term is to build an ownership society.
Because ownership brings security, and dignity, and independence.
Land is at the heart of American history, and the American dream.
Thanks to our policies, home ownership in America is at an all-time high.
But after decades of low house building,
land prices have surged and the fractious politics of land is coming back to America.
We will make our city one where every person who calls it home can live a dignified life.
Zora Mamdani was elected New York mayor recently with big plans to tackle unaffordable housing.
We are going to freeze the rent for more than two million rent stabilized tenants,
and use every resource at our disposal to build housing for everyone who needs it.
Together New York, we're going to freeze the rent.
But the new politics of rising land prices are visible far beyond America's biggest city.
Many people living in prosperous suburban corners of America are furious about their rising property taxes,
which are climbing with the value of land.
Are you tired of paying your property taxes?
While lawmakers in Pennsylvania and Florida are actually pushing to abolish property taxes all together.
They say you're basically paying rent to the government.
From property tax to rent controls, these battles show that a new era of land politics is underway in America.
So today, what is the future for the world's oldest asset?