How did we create a society where we can’t afford to live in our own country?

Re:How did we create a society where we can’t afford to live... by Redoubts on Wednesday October 25, 2017 @11:38AM (#15550997)

If the neighborhood is so nice, she can trade up for a townhouse or condo in the area. None of those problems are solved with a low density single family home.

> Your feelings don’t matter

They do when the argument begins and ends with tugging at my heart strings. And I honestly don’t see these Jarvis arguments from the 70s holding up for much longer. Not when everyone else is hurting.

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Re:How did we create a society where we can’t afford to live... by malloryerik on Wednesday October 25, 2017 @05:32PM (#15554467)

Yes! Also, a land value tax does not tax the property value, but only the land's value, so the same amount of tax is owed by these neighboring plots:

1) an empty lot, 2) a single family home, and 3) a 30 floor residential tower,

presuming they're equally-sized lots with equal land value.

If granny's taxes are high, the answer is to put her land to productive use like by adding rental units instead of growing zucchini. Or sell and buy better land for hobby zucchini gardening (or grow it on the roof of her new tower).

Regulations don't allow her to add rental units? Then it's the regulations that are bad, and finally land value taxes are aligning land owners' and renters' interests instead of dividing them.

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