Viewing profile — geocon

The idea is to tax land as a percentage of its value (notably, not its size). This is because land is a necessary good which is exclusionary: because there is a fixed supply of lan…

It may lower property values some, but in the long run even homeowners will be better-off as other, more burdensome taxes decrease. Sure, increasing land taxes may not be that popu…

That would be a terrible idea, frankly, because it will cause gradients of overbuilding/land abandonment and underuse. Think about it this way: you have a city where land is worth …

Sure, but durable goods aren't necessarily investment goods. Homes do depreciate in value- their quality declines and they become increasingly expensive to maintain, and they simpl…

Failure to understand imputed rents is a huge problem whenever housing discourse comes up.

To clarify, it's not a flat dollar amount per square foot, it's a flat percentage of value. An acre of land in Wyoming is not taxed the same $/sqft as an acre of land in NYC.

Implement a land value tax by exempting buildings and improvements from paying a property tax, shift state income and sales taxes onto land value, and ease zoning regulations.

Er, an LVT doesn't tax the house at all, that's precisely the point. It only taxes the land... It's literally just a property tax that doesn't tax the house.

Rent control is, I regret to inform you, also NIMBY; it benefits current residents at the expense of future ones.

Do you think the government owns you too, since they take a portion of the proceeds of your work and will put you in jail if you don't pay it?

How dare people get concerned over something so trivial as "having someplace to live"

The point of an LVT is to incentivize the efficient use of land and to compensate the public for the recognition of exclusionary title to use of a location. This doesn't change bas…

Please, taxing something doesn't mean the government owns it. Does the government own someone's home because they have to pay property taxes to the city for paving the streets and …

Behold the rise of neofeudalism: you can already see it in California, thanks to Prop 13. Land value tax would fix this.

This is very inferior to just a regular land value tax if you understand the incentive structure

Nah the Supreme Court is pretty deferential to Congress especially on powers of taxation, this is a load of nonsense

> Asking for cheap housing, today, is like asking for eating the cake and selling it too. We don't want cheap housing that appreciates in value so that we can use it as an investme…

"Consumption" doesn't mean disposable, it means homes should be used to be used to fulfill needs and desires, and not used to increase wealth (as an investment good). Easiest way t…

Land value tax is better, imo, it charges directly based on the value of the scarce factor of production (land) and encourages development (i.e. more housing). Pretty silly to tax …

Yeah this is the landbanking problem. The solution is something like a land value tax which penalizes this kind of speculation and development-throttling. In fact there was a great…

Pretty interesting argument that without some way to punish landhoarding, the relaxing of zoning laws isn't enough to make housing affordable. Also, a land value tax seems like a g…

Pretty neat article about the synthesis of Georgism and YIMBYism- without YIMBYism, Georgism can't be complete in its opposition to monopolistic economic restrictions; without Geor…