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Because the great value of cities lies in the network effects that arise when hundreds of thousands of people live and work in the same neighborhoods. Ideas cro
by istjohn 7y ago
Because the great value of cities lies in the network effects that arise when hundreds of thousands of people live and work in the same neighborhoods. Ideas cross-polinate, spawn, and mutate creating wealth. And the value produced by a city increases super-linearly, perhaps exponentially, as population density increases. Policies that place artificial limits on city densities choke off that engine of wealth.
It may be possible to create an extremely dense, high population, productive charter city with an enormous investment of capital, but it would be far easier to simply remove the restraints that hold back our existing cities.
- jelliclesfarm 7y agoIt’s not easy clearly if it means that someone else has to pay the price of it without any benefit. If you want older people/property owning seniors on fixed incomes to move out, pay them. It’s as simple as that. The truth is that most cannot pay. The value of the dollar they earn is imaginary. The whole system from Wall Street to wages to taxes is a Ponzi scheme. Land has value. Water or access to water has value. Inherent value. Everything else is value-added. So you have to pay more for a resource that is fixed or shrinking while population increases. It’s very simple. Buy it off people. OR. It’s far cheaper to add value upon affordable land and water. To not build on something available and abundant and to not ADD value to it is a poverty of creativity and intelligence. To want to evict older citizens or punitively tax them to displace them to take their land and water is not only lazy but also immoral.
- istjohn 7y agoImmoral is forcing thousands of people to live on the streets in squalor because people don't like change. No one is calling for Grandma to be evicted. Property taxes for residents could be allowed to accumulate unpaid until sale or transfer of a property.
- jelliclesfarm 7y agoPeople don’t have to live in squalor in expensive Bay Area. They can move. But there is a red carpet in Ca for homeless from other states to live because they are the poverty porn displayed to milk more taxes. Oldest trick in the politicians handbook to impose more taxes. It’s always ‘compassion’ isn’t it? The reason to extract more taxes and usually championed by those who don’t have to contribute anything. So if accumulated property tax will remain unpaid, how does any of it help keep people ‘off the streets and no in squalor’? What is the Big Plan? If people are going to be taxed after their death, is it like a death tax? Forced charity? Theft by proxy? This is literally thuggery. The current youth population and the government are working hand in hand as fellow thugs. And engaging in elder financial abuse. However, there is a solution. One can impose hefty inheritance taxes. One can impose higher tax bracket for foreign owned properties. I would like to see that rather than citizens turning against citizens of their own country. Further..has any of the YIMBYs sat in city council meetings and looked at city and county budgets. Or the state budget? There is a LOT of money. There are a lot of infrastructure improvements to be made that will make life better for everyone. And yet Sacramento does nothing. None of the young non home owning YIMBY professionals ever question that. Perhaps because they have been indoctrinated in public school and taught fake economics. They have literally been hand fed to believe that nanny state is the best and higher taxes will solve everything. Perhaps it is this lack of financial literacy and responsibility that is causing them to be the handmaidens of the govt bureaucracy to act as thugs against middle class senior citizens. Over crowded schools, inefficient DMVs, pot holes on roads, congested freeways, tolls on every stretch of freeways leading to Silicon Valley..Bart is a joke. Homeless on streets after billions spent. And more density on top of this inefficiency?