link to original reddit post by /u/houseofnim


are dumb. They cannot comprehend how revoking allodial title would destroy the seventy trillion dollar real estate and real estate lending markets. Every time I get into a discussion with one of these Locklean property rights folks, I bring up how allodial title is the instrument of collateral in construction lending and they have no counter argument. Then they stop talking to me altogether when I point out that only investors and the wealthy could afford to build in an LVT based economy.