LVTfan

9 ms·

31.
by LVTfan 6y ago
Many of them will stay for the amenities that a vibrant city offers them, or the ability for both spouses to maintain careers there, or to be near friends and families. Those who do leave will likely be replaced by others seeking those thin
32.
by LVTfan 6y ago
Your possession would be just as secure as it is today. If a huge city grew up around it, your property taxes would rise over time, and at some point, your single family home would be surrounded by skyscrapers, and no longer be using the l
33.
by LVTfan 6y ago
To the degree that Coca-Cola is harming people, they owe something. Coke likely occupies a very valuable site in Atlanta, and perhaps has O&O bottlers on locally valuable sites, near centers of population, served well by transportation
34.
by LVTfan 6y ago
And as Adam Smith pointed out, it is there, and visible. It can't be hidden, can't be spirited out of town or offshore during the dark of night. You don't even need to know who it is that owns it; as long as they pay their
35.
by LVTfan 6y ago
Paying more than 30% of one's income for housing-related expenses -- not just rent and utilities, or PITI plus utilities plus maintenance -- has become almost universal. It is a form of sharecropping. And then we must pay the dumb taxe
36.
by LVTfan 6y ago
A carbon tax and a tax on cigarettes are very consistent with the single tax. They're taxes on externalities imposed on the community. Solar energy is an infinite resource, so there is no reason to charge for it, but for scarce or fin
37.
by LVTfan 6y ago
The assessor's job is just to determine the value of the various sites. It is said that a group of locally knowledgeable people could sit around a table with a large map of the community, and they'd quickly reach a consensus abou
38.
by LVTfan 6y ago
Frederick Law Olmsted realized early on that even a huge project like Central Park could be funded from the increase in land value it created in the neighborhoods surrounding it.
39.
by LVTfan 6y ago
May I suggest that if you've not read Henry George's thought yourself yet, you take some time with them? There are two sections of the Schalkenbach site devoted to them -- first, the books, articles and speeches themselves, and t
40.
by LVTfan 6y ago
And those who are late to the game and buy a piece of land comparable to their entrenched competitor who bought years ago are paying multiples of the property tax. Those late to the game who decide to rent are paying rents based on current
41.
by LVTfan 6y ago
Most of his stock holdings occupy land in very valuable places, and aren't paying much in property tax. The principle is to pay for what you take, not for what you make. His modest home, likely on a modest lot, in a not-huge city, is
42.
by LVTfan 6y ago
The radio spectrum -- those airwaves we say belong to the American people -- should be treated as our common treasure, not purchaseable by corporations. Lease them out for, say, 5 years or 10 years, and then put them up for bids again. We
43.
by LVTfan 6y ago
Were we to treat Land -- sites, and natural resources, including clean air, clean water, and things like geosynchronous orbits, fisheries, electromagnetic spectrum -- as our COMMON treasure, our source of natural public revenue, instead of
44.
by LVTfan 6y ago
It isn't the AMOUNT of land they use, but the value of what they use. An acre of good farmland might be $2500. An acre in Manhattan might be $250 million and up. The rental value of the land is proportional to the value of the land.
45.
by LVTfan 6y ago
How much of the rent on your apartment is due to its location? might be 10% in a small town, but it is likely more like 50% in most cities (unless the landlord is providing a lot of services -- doorman, flowers in the lobby). In his land
46.
by LVTfan 6y ago
An acre of farmland might be worth $2500 or $5000, and that land has been improved by clearing, draining, fencing, etc. (improvements done by the current or an earlier owner or his tenant). LVT is based on the UNIMPROVED value of the land,
47.
by LVTfan 6y ago
The valuation for insurance purposes is generally not the current, depreciated value of the building, but the cost to rebuild, at today's material and labor prices, and with modern materials and systems. A 50 year old building, with ol
48.
by LVTfan 6y ago
Every teardown provides a clear picture of the land value for that neighborhood: the transaction price plus the cost of clearing off the old building. The similar sized lot next door is worth just as much. And the value of whatever impro
49.
by LVTfan 6y ago
and so often it gets invested in land, which includes not just the sites under our feet, but vital natural resources, the kind that are finite in supply.
50.
by LVTfan 6y ago
They generally locate where they can draw on a pool of talented people, and those people are drawn by social amenities, good schools, good infrastructure. All those things contribute to land value.
51.
by LVTfan 9y ago
I suppose I should mention the title of the Michael Kinsley article in Vanity Fair: "The Obscure Economist Silicon Valley Billionaires Should Dump Ayn Rand For" And if you're curious about the range of people who have taken n
52.
by LVTfan 9y ago
fair enough! and not easy. My grandparents, remarkably, were subtle and much more patient than I am. I do not believe that HG's ideas will solve all our problems, but I do believe that recognition of what he saw and enactment of his r
53.
by LVTfan 9y ago
I moved there because it was lovely, and was consistent with something I have long felt strongly about. My late grandparents were lifelong Georgists, and never mentioned the Ardens to me. (I'm a late-bloomer -- I shared their percept
54.
by LVTfan 9y ago
As a part time resident, and a passionate Georgist, I love the Ardens. The three villages function separately for governance, but socially they're one, and there is a lot going on. The history is fascinating. (If you have access to ne