38 sats \ 2 replies \ @k00b 3 Aug \ parent \ on: Valencia Joins Barcelona in Crackdown on Airbnb-Style Rentals econ
It's not a nonsense comparison. It's a question about whether you believe property rights grant the right to create arbitrary negative externalities or not. Lodging has negative externalities, like other commercial use properties, even if you've never lived next to it to experience it.
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0 sats \ 1 reply \ @TomK OP 3 Aug
Do You know the concept of internalization of external effects by garanties of property rights?
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21 sats \ 0 replies \ @k00b 3 Aug
Yes, which I agree, as a libertarian, is a theoretical solution to these problems. Only, our judicial systems don’t work so we end up legislating instead, and the only contracts the government likes to enforce are its own.
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