Philosophy
Heywood saw what he believed to be a disproportionate concentration of capital in the hands of a few as the result of a selective extension of government-backed privileges to certain individuals and organizations.
He believed that there should be no profit in rent of buildings. He did not oppose rent, but believed that if the building was fully paid for that it was improper to charge more than what is necessary for transfer costs, insurance, and repair of deterioration that occurs during the occupation by the tenant. He even asserted that it may be incumbent on the owner of the building to pay rent to the tenant if the tenant keeps his residency in such a condition that saved it from deterioration if it were otherwise unoccupied. Heywood believed that title to unused land was a great evil.
Read more about this topic: Ezra Heywood
Famous quotes containing the word philosophy:
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