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> I don’t care if I sound like a NIMBY when I say this: it’s not always motivated by profit. 100 agree. I think an LVT would probably not magically fix all inc
by adverbly 2y ago
> I don’t care if I sound like a NIMBY when I say this: it’s not always motivated by profit.
100 agree. I think an LVT would probably not magically fix all incentives around development. What it would do though is create a better alignment between government zoning and infrastructure improvements + people's desires. For example, under an lvt, the government can significantly improve their tax revenues by improving the value of land. So having zoning for parks, public transit, and reducing crime will now directly impact the government's bottom line.
Lvt would help with picking the best backyard, but it doesn't change the fact that it would still be somebody's backyard, and that somebody might not like it. I will never want to live next to a landfill, and anyone gaslighting me into thinking I'm wrong about that is crazy... But the landfill has to go somewhere, and if I am the only person living in a really good spot for it then I probably get the short end of the stick.