Of course it’s a big simplification. Even the concept that you have to pay rent on the square you land on. Not having the choice which building you want to rent makes variable rents completely useless.
Because if you don’t have a choice and have to pay rent on the field you land on, why would the owner of that building do anything but maximize the rent?
But it was never intended to be a perfect model of capitalism, but instead a simple tool to teach regular people why monopoles suck and using a property tax as the single tax is better.
Of course it’s a big simplification. Even the concept that you have to pay rent on the square you land on. Not having the choice which building you want to rent makes variable rents completely useless.
Because if you don’t have a choice and have to pay rent on the field you land on, why would the owner of that building do anything but maximize the rent?
But it was never intended to be a perfect model of capitalism, but instead a simple tool to teach regular people why monopoles suck and using a property tax as the single tax is better.
https://en.m.wikipedia.org/wiki/The_Landlord's_Game