3 ms·
Land price will adjust accordingly in response to any positive economic news. If you want an unalloy good to come out of these programs, tax lands. Otherwise,
by kiba 11mo ago
Land price will adjust accordingly in response to any positive economic news. If you want an unalloy good to come out of these programs, tax lands.
Otherwise, any welfare program will just get some of its value captured by landlords.
- blfr 11mo agoLand value tax is interesting because it encourages/forces more efficient use but you can do a lot more by cutting demand through limiting immigration and financialization opportunities.
- Avicebron 11mo agoI'm not sure why people don't immediately get serfdom vibes whenever they mention a land tax.
- balamatom 11mo agoProbably because most of us are already unlanded serfs, except we also get vibes now. Yay, 1000 years of progress!
- Aarostotle 11mo agoIt’s the same reason people don’t get serfdom vibes when a government proposes to take over childcare. Governments buying goods for people with tax money turns them into dependents, sometimes permanently. It’s easy to overlook that.
- SoftTalker 11mo agoLand value tax won't help unless you greatly reduce the zoning and regulation over what can be built on the land. Putting the land to its most efficient use isn't possible if all you're allowed to build is a two-story detached single family house.
- ecshafer 11mo agoGeorgism is the way to prosperity.
- Tanoc 11mo agoYou don't reduce the regulation, you increase it's flexibility. Such as allowing dynamic zoning where an area that is zoned as medium density residential automatically becomes hybrid high density residential/low commercial once the districts zoned around it as low density residential are filled. The issue is we zone something and it stays that way until it's manually reviewed and rezoned. The district has no ability to change itself according to the circumstances. It has to rely on a third party that acts without due haste and with great reluctance.
- storf45 11mo agoOur property taxes are already crazy high and continue to go up every year. How does this help?