28 lines
744 B
Markdown
28 lines
744 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-5-chapter-02 -->
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# House Rent Tax
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## Definition
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A tax imposed on the rent of houses, which falls partly upon the inhabitants
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who pay it and partly upon the owners of the ground, with the final burden
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distributed between them based on the relative value of building rent versus
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ground rent.
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## Source Chapter
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Book V, Chapter 2
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## Context
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Smith distinguishes between building rent (the profit on capital expended in
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building) and ground rent (the price for the use of land), explaining how a
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tax on house rent affects each component differently and ultimately falls
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more heavily on the rich.
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## Economic Domain
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General Theory
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---
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