yumbaya

6 ms·

1. 1.▲
   Show HN: Interactive Guide to Cooperative Auctions(tinylvt.com)

   3 points by yumbaya 5mo ago|0 comments
2. 2.▲
   by yumbaya 3y ago

   It’s good they’re trying to match market value. They come up with that assessment by assessing the land value, and the structure value, and adding them together. But they are still taxing improvements at the same rate as the land. Sure, lan
3. 3.▲
   by yumbaya 3y ago

   Conventional property taxes already cause tax foreclosures on homes. This was a big problem in Detroit, where structures were systematically overvalued, forcing a lot of people out of their homes. Land-only assessments are arguably much eas
4. 4.▲
   by yumbaya 3y ago

   Texas is not Georgist. Property tax is assessed on the full market value of property, not on land. And Texas’s land speculation and sprawling, inefficient land use reflects this.
5. 5.▲
   by yumbaya 3y ago

   LVT would remove the disincentive to develop housing, so cost of living would drop as more is built. Even if a homeowner couldn’t keep up with the land tax, they’d be much more likely to be able to find housing in the same area. Compare to
6. 6.▲
   by yumbaya 3y ago

   It’s system length that’s the bigger cost. If people are disincentivized from developing land, then the result is sprawl, with far greater infrastructure costs due to the enormous system lengths. Same goes for road costs, police, fire, scho