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Some municipalities have enacted a "blight tax" as an incentive to keep property owners from letting their buildings physically decay, maybe something similar r
by minikites 9y ago
Some municipalities have enacted a "blight tax" as an incentive to keep property owners from letting their buildings physically decay, maybe something similar regarding vacant property could be enacted to discourage the "waiting game" described in the article?
- Applejinx 9y agoI wonder if that might be considered a crime against capital, in the sense of 'conspiring to attack value of property'? Clearly this is a stage beyond 'rich people buying up lots of home properties to keep vacant as an investment while many go homeless'. Now it's commercial properties being treated as this sort of 'crystallized value' and kept in stasis. I expect this to continue. Unused pristine property in key locations ought to hold more value than using it for sub-optimal purposes (I'm voicing the view of capital here, I don't personally hold to this belief) If crimes against capital become a thing, could they merit the death penalty? Then a human daring to cross accumulations of capital far beyond what any human's existence could represent, could be put to death for committing a capital capital crime :)
- draw_down 9y agoGood lord
- closeparen 9y agoLeftists will also defend keeping vacant lots vacant, due to the possibility that their development would cause gentrification, or that they should be banked for some unspecified future date when the money is found to build public housing. It seems that both the most cynical capitalists and the most bleeding-heart leftists value abandonment above all other uses of urban property, and the world is increasingly split between them. The future is not looking good.
- baseten 9y agoYou only typed all that so you could make the capital capital crime quip didn't you?