A has 5 houses, does not work, and lives on rent; B has 1 house, works and earns wages; C has no house, rents a house and sells vegetables at the market.
One day, the property tax was collected.
C said: Great, I don’t have a house, I fully support collecting taxes from those speculators! The housing price has fallen sharply, and I can buy a house.
B said: It doesn’t matter, I only have one house, I support collecting taxes from those speculators! The housing price has fallen sharply, and I can buy another one.
A said: Oh, how much is the property tax? 1%, right? The rent will increase by 5% next month!
The rent has increased, C is very depressed, and wants to change houses, but finds that everyone’s rent has increased, so he has to endure it. But he can’t suffer a loss, and the vegetable price will also increase by 5% tomorrow, so let’s do it!
B and A went to buy vegetables and found that the vegetable price had increased. They were very depressed and wanted to change the vegetable market, but found that the vegetable prices had increased, so they had to eat less.
So, the living standard has dropped. However, house prices and rents have increased, so...
Revelation: Simple story, intuitive truth, but many people don't understand.
