Viewing profile — yumbaya

Hey HN, I made this guide to cooperative auctions. Cooperative auctions are a governance mechanism where the people that feel strongest get their choice but pay the group for the c…

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…

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…

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.

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 lik…

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 …