3 ms·
You're right, it's the community and its actions that made the land appreciate. Surrounding dwellings and their occupants are just a part of that. You can be e
by snidane 5y ago
You're right, it's the community and its actions that made the land appreciate. Surrounding dwellings and their occupants are just a part of that.
You can be entitled to inheriting the value that you and your parents created, wchi you'd somehow have to extract from the surrounding dwellings, the land of which appreciated due to your parents' good actions.
You are not entitled to appreciation of your land, because others in the community are responsible for it.
You essentially have these solutions:
1. let land owners keep the value created by others in the community, which works only if 100% of members of the community have a piece land, and it has to be of equal value. This inevitably eventually results in a feudal system of landowners and serfs.
2. Take the value of land appreciation from your neighbors properties and they take back value they added to yours. In theory this is is the ideal solution, but omits non-land owners who also contributed
3. distribute the value back to the community responsible for creating the value in the first place by equal share using a citizens' dividend collected by land value tax which captures all the misallocated value appreciation