Anonymous wrote:Anonymous wrote:This sounds like a way to take a lot of money in taxes, while also not solving the problems it purports to solve.
You aren't connecting the dots.
Taking money is a disincentive for underutilizing land.
Utilizing land solves the problem of affordable housing and homelessness.
https://brownpoliticalreview.org/2021/12/the-perfect-tax-land-value-taxation-and-the-housing-crisis/
Anonymous wrote:I fail to understand why the focus is not on Wards 7 and 8. Those Wards rightfully have been complaining for decades about the lack of development there. Create incentives to develop in those Wards.
Anonymous wrote:Anonymous wrote:"undermaintained" -- That's pretty vague. I guess most of the SE is going to be resold to developers.
Place conditions on the developers that they still have to provide homes for any current residents without any new financial or other burdens or hardships placed upon them including providing them with an equity share if they are the current owners.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Here's the proposal:
Additional land tax on privately held land.
One rate for developed, but blighted/undermaintained/absentee landlord/slumlord at a rate that if not paid, would rapidly exceed the value of the land in a few years, so that it can be taken and turned over in a sheriffs sale
Another rate for underdeveloped land (low density)
And tax the living crap out of undeveloped land.
Exemptions/discounts on those taxes could be provided for cases of things like sites of historical/cultural/other value and for providing affordable housing.
That would address blighted properties.
That would address NIMBYism
And it would create more housing. It would serve as a disincentive for lower density and And the tax revenue generated would provide housing for qualified homeless (lived in the District for x years prior and in an appropriate treatment/rehab program if needed)
Would also need to keep an eye on zoning as "elite" neighborhoods would try to keep themselves zoned low density.
Sounds like a proposal authored by the “chairman” of Cleveland Park Trump Growth!
Trump what? You seem confused. It's based on Henry George's work. Far closer to socialism than it is to Trumpism.
Anonymous wrote:"undermaintained" -- That's pretty vague. I guess most of the SE is going to be resold to developers.
Anonymous wrote:Anonymous wrote:Here's the proposal:
Additional land tax on privately held land.
One rate for developed, but blighted/undermaintained/absentee landlord/slumlord at a rate that if not paid, would rapidly exceed the value of the land in a few years, so that it can be taken and turned over in a sheriffs sale
Another rate for underdeveloped land (low density)
And tax the living crap out of undeveloped land.
Exemptions/discounts on those taxes could be provided for cases of things like sites of historical/cultural/other value and for providing affordable housing.
That would address blighted properties.
That would address NIMBYism
And it would create more housing. It would serve as a disincentive for lower density and And the tax revenue generated would provide housing for qualified homeless (lived in the District for x years prior and in an appropriate treatment/rehab program if needed)
Would also need to keep an eye on zoning as "elite" neighborhoods would try to keep themselves zoned low density.
Sounds like a proposal authored by the “chairman” of Cleveland Park Trump Growth!
Anonymous wrote:Here's the proposal:
Additional land tax on privately held land.
One rate for developed, but blighted/undermaintained/absentee landlord/slumlord at a rate that if not paid, would rapidly exceed the value of the land in a few years, so that it can be taken and turned over in a sheriffs sale
Another rate for underdeveloped land (low density)
And tax the living crap out of undeveloped land.
Exemptions/discounts on those taxes could be provided for cases of things like sites of historical/cultural/other value and for providing affordable housing.
That would address blighted properties.
That would address NIMBYism
And it would create more housing. It would serve as a disincentive for lower density and And the tax revenue generated would provide housing for qualified homeless (lived in the District for x years prior and in an appropriate treatment/rehab program if needed)
Would also need to keep an eye on zoning as "elite" neighborhoods would try to keep themselves zoned low density.
Anonymous wrote:This sounds like a way to take a lot of money in taxes, while also not solving the problems it purports to solve.