I mean to be really, truly Marxist about it, it's not the occupation of landlord but the rentier social relation that's problematic.
The theory is it extracts productive capital which could have a better multiplier effect allocated elsewhere such as education, research, public infrastructure, etc.
I'm sure there's some economic wonks that have long academic papers on this to support or refute this 170 or so year old idea, but I'm merely an amateur.
There was an economic movement after Henry George that very adamantly advocated for redoing this social relationship if you're curious. It was (most likely) the inspiration for the original version of Monopoly among other things. It might be regarded as a form of Economic Populism if you look at the adjacent beliefs of the prominent early 20th c. Georgists, but that'd probably be a 5,000+ word article.
The theory is it extracts productive capital which could have a better multiplier effect allocated elsewhere such as education, research, public infrastructure, etc.
I'm sure there's some economic wonks that have long academic papers on this to support or refute this 170 or so year old idea, but I'm merely an amateur.
There was an economic movement after Henry George that very adamantly advocated for redoing this social relationship if you're curious. It was (most likely) the inspiration for the original version of Monopoly among other things. It might be regarded as a form of Economic Populism if you look at the adjacent beliefs of the prominent early 20th c. Georgists, but that'd probably be a 5,000+ word article.