4 ms·

All that may be true, but in terms of housing costs the zoning and development issues aren't in agricultural land, they're in cities and suburbs. If lead is su

All that may be true, but in terms of housing costs the zoning and development issues aren't in agricultural land, they're in cities and suburbs. If lead is suitable for feeding people, presumably we'd like to keep doing that.

pydry 4y ago
The zoning/nimby issues are derived from cost/sale price of land being driven ever further up. This is partly due to a spillover from historic levels of wealth inequality but its also due to land untaxing (e.g. prop 13). Were land made into more of a liability the lobbying to inhibit development to keep land values up (zoning/nimbyism) would end up being pointless and would probably dry up. Those SF homeowners who want to keep their area "single family homes only to preserve the feel of the area" are simply trying to inhibit development to keep the value of their leveraged investment stable. Flip the switch to turn land into a financial liability and all that ends along with the land hoarding that has inhibited property development for decades. It would have to be done nationally, though - and that would mean, among other things, deliberately crashing Bill Gates' agricultural land investments.
- olivermarks 4y ago
  -> 'crashing' Bill Gates' agricultural land investments I'm assuming Gate's immense holdings in land, big pharma, the WHO etc is less altruistic, more long term political control and profit driven.
- clairity 4y ago
  a land value tax wouldn't crash bill gates' ag land investments because ag land has relatively low value, so will also have relatively low tax. whether it would makes those investments net negative or positive is dependent on the specifics of the investments. i'd disfavor a national LVT however, as i disfavor more power being concentrated in fewer hands. it should be a state level concern at most.

4 ms·

All that may be true, but in terms of housing costs the zoning and development issues aren't in agricultural land, they're in cities and suburbs. If lead is su

by kjeetgill 4y ago

pydry 4y ago
The zoning/nimby issues are derived from cost/sale price of land being driven ever further up. This is partly due to a spillover from historic levels of wealth inequality but its also due to land untaxing (e.g. prop 13). Were land made into more of a liability the lobbying to inhibit development to keep land values up (zoning/nimbyism) would end up being pointless and would probably dry up. Those SF homeowners who want to keep their area "single family homes only to preserve the feel of the area" are simply trying to inhibit development to keep the value of their leveraged investment stable. Flip the switch to turn land into a financial liability and all that ends along with the land hoarding that has inhibited property development for decades. It would have to be done nationally, though - and that would mean, among other things, deliberately crashing Bill Gates' agricultural land investments.
- olivermarks 4y ago
  -> 'crashing' Bill Gates' agricultural land investments I'm assuming Gate's immense holdings in land, big pharma, the WHO etc is less altruistic, more long term political control and profit driven.
- clairity 4y ago
  a land value tax wouldn't crash bill gates' ag land investments because ag land has relatively low value, so will also have relatively low tax. whether it would makes those investments net negative or positive is dependent on the specifics of the investments. i'd disfavor a national LVT however, as i disfavor more power being concentrated in fewer hands. it should be a state level concern at most.