Think about LVT as the occupier paying the community for the right to exclude them from a common resource. The price of that exclusion is set by the community.

Think about LVT as the occupier paying the community for the right to exclude them from a common resource. The price of that exclusion is set by the community. The occupier gets most of the benefits of private property rights without actually having private property. This concept can be extended to all natural resources (and in some cases already is to some extent). The radio spectrum, mineral resources, etc. I find this to be an attractive concept because I am philosophically opposed to the current situation where a new life is born into a world where all resources are already 'claimed'. That new life has just as much right to the world's resources as any other that already exists. This doesn't mean that someone can't make use of more resources than anybody else. They just have to do it in a justifiable way.