Viewing profile — mactrey

Did rents in Palms go up because they built housing or because it's a great location in a city with increasing rent almost everywhere? Or in other words, is there any econometric e…

Do you have an example?

Another factor is smaller households. People are staying single longer and waiting longer to move in with partners, creating more demand for housing even without population growth.…

What are some of the many other, stronger criticisms of the abundance agenda? Maybe Thompson has replied to some of those, too.

> the quality of available clothing across the world have fallen Do you have a source for this? Anecdotes along the lines of "they don't make 'em like they used to" are incredibly …

And zoning restrictions are part of the reason why housing prices "always go up." Constrained supply is exactly and precisely what makes housing a profitable investment.

Usually I would agree, but the amount of distortion depends on what portion of DOGE savings are one-off (eliminating grants and contracts) and what portion are recurring annually (…

Building housing lowers the cost of housing. Requiring some accounting of $ saved on brickwork -> $ spent on homelessness is just another bureaucratic hurdle, which is ironically e…

Conflating free parking with a childhood core memory, a lake trip with your immigrant father, feels a little disingenuous to me. But I think you understand the core idea: by making…

It does wrap automatically if you keep typing. I agree the user experience is not great with that, the word you're typing should always be directly over the guide text.

As you note, no two dense neighborhoods are the same. Those experiences would be rare in Tokyo or Kuala Lumpur. I would say that cultural norms dominate density when it comes to ex…

A car driver could easily eat the same amount of food as a walker, the extra calories would be stored as fat. This also ignores upfront CO2 output from assembling and delivering th…

They aren't comparable metrics. Revenue doesn't represent value added. I can sell a $20 bill for $20, my revenue is $20 but there is no impact on GDP (nothing has been created, no …

Then yes, I’ll agree with that. Both can be difficult but valuing just the underlying land is harder.

No, you are wrong. The two cases are analogous. Under a LVT, if their tax goes up, it's because their land became more valuable. So when they sell they get more money. And under a …

Well, property taxes in my city are around 1% currently. Does that mean the city will own 100% of land in 100 years? Probably not. For lots of reasons.

The point is, currently if you build things then you pay higher tax. The current tax structure disincentivizes building things. We don't know what people would build without that d…

There's not an argument from economic efficiency to tax by rock content.

But this problem already exists. Many people live in homes for 30+ years and pay property tax on the land + improvement (physical home) value. Why would it be so much harder to hyp…

Detroit and most places in the US already have property tax. Little old grandma already has to pay more every year when her property becomes more valuable. And homestead exemptions…

Sure, that's possible. Or maybe Mr. Parking Lot Owner just likes the look of parking lots. But the key point is that today, improving the land is disincentivized because it would i…

As others have mentioned, it’s quite easy to structure a land value tax to avoid kicking little old ladies out of their homes. You are arguing against a strawman.

But property tax already exists, so apparently that regressive nature is fine. And middle class people mostly own land that’s been improved. It’s unimproved land that would be taxe…

Land that’s already been improved would pay less in taxes. Empty lots, parking lots, and other unimproved land would pay more tax. Calling an economic incentive to do something wit…

Various other sources give much higher numbers, like up 179% from 1999 to 2020 [1] or up 110% from 1998 - 2018 [2]. So I'm not sure what's going on with the article. It could be th…