How Georgists Valued land in the 1900's
YIMBY, Community Input, and Veto Power
- Debate over whether “community input is bad” or whether the real problem is giving local groups de facto veto power.
- Some argue neighborhood processes amplify NIMBYs and block democratically approved projects (high‑speed rail, apartments), privileging nearby owners over the wider public.
- Others note historic cases where community opposition stopped destructive megaprojects (e.g., expressways), so input can be beneficial.
- Disagreement over what “community” means: immediate neighbors vs town/metro residents who share infrastructure and benefits.
Externalities, Zoning, and Local Control
- Long subthread on externalities: one side says businesses impose net negative spillovers on non‑customers; others counter that many firms create net positive spillovers and that trade surplus is shared.
- Example: slaughterhouses and affordable apartments show why relying on small-area vetoes shifts “undesirable” uses into powerless neighborhoods.
- Some argue such allocation should be handled at higher levels of government to avoid every neighborhood defecting on its share of negative externalities.
- Concern that banning home businesses or low-end housing types (trailers, rooming houses) removes vital “bottom rungs” of the housing ladder.
Land Value Tax and Valuation Methods
- Several comments stress that separating land and improvement value is routine for assessors and insurers; land valuation isn’t novel.
- Somers-style “ask the community” valuation is seen as intuitively workable at neighborhood level but questioned on scalability and incentives (no direct cost to misreporting).
- Some suggest Harberger‑style “self‑assessment equals sale offer” as a more incentive-compatible approach to valuation.
Impacts on Homeowners and the Elderly
- Strong concern that high LVT could force elderly, low‑income owners out as neighborhood land values rise, undermining homeownership as retirement security.
- Georgist responses: distinguish LVT from traditional property tax; propose deferrals, phased increases, or exemptions, with tax recovered at sale/estate.
- Normative split: some see relocating retirees from prime job centers as efficient and fair; others see forced moves as destabilizing and morally objectionable.
Harberger / Self-Assessed Schemes: Risks and Edge Cases
- Worries about wealthy actors gaming self-assessed systems by placing strategic bids to raise others’ tax burdens or force sales.
- Proposed safeguards include court review, minimum bid increments, and limits on abusive offers, but critics argue this still risks harming “grandma,” not just corporations.
Single Tax Scale and Practicality
- Back-of-envelope claim that a near-100% LVT could theoretically fund all US government plus a citizen dividend; others call this unrealistic and economically disruptive (land values collapsing, farming burdened).
- Broader skepticism that any country has actually solved speculation and affordability; some think zoning/land release and large-scale public landholding are bigger levers than tax design alone.