4 ms·
I see homestead as completely, 100% incompatible with a LVT. Not because there's any law of man or nature that says the 2 can't work together, but because as so
by GenerWork 3y ago
I see homestead as completely, 100% incompatible with a LVT. Not because there's any law of man or nature that says the 2 can't work together, but because as soon as an area becomes "hot", that land will spike in value and the government will want its revenue to increase, and at that point they'll fight tooth and nail to overturn any homestead protection that exists.
- dfxm12 3y agoThe outcome Detroit wants from this is for the land to be developed. Governments are likely to get directly involved with empty lots, not already developed land. This is also setting aside that kicking pensioners to the streets is generally political suicide, and one of the reasons these homestead exemptions exist in the first place.