We can have one without the other
Not everyone will agree, but I’ll say it:: synthesizing the market and planned economics to produce economic strength is the quickest path to economic and political empowerment for all people, especially traditionally marginalized cohorts such as women and immigrants. When liberalism made “peace” with markets, prosperity… Read More »RENTS FALL, SUPPLY DECREASES: THE SECRET LIFE OF HOW THE BIG DOGS ROLL
The current economic life of New York City is almost unrecognizable when compared to that of just a year ago. Faced with the collapse of the tourist and business travel industries, hotels that reported second quarter occupancy rates surpassing 90% in 2019, failed to hit… Read More »A New But Familiar Vaccine for New York’s COVID Economy
In a recent New York Times article, The Californians Are Coming. So Is Their Housing Crisis, Conor Dougherty delves into the conundrum of growth and housing problems. He points to the current situation in California and the fact that its residents are fleeing the sunshine… Read More »Relocating? Housing Issues Span the Country.
How a Tax Shift Would Affect Low-income and Elderly Homeowners As previously stated, land value taxation has different effects on different demographics. So, what about low-income homeowners, or elderly homeowners? The effects of LVT on these groups specifically is not well studied, but we can… Read More »Benefits of Land Value Tax on New York and Other Major Cities – Part 2
If you were following the tax assessment beat during California’s 2020 election, chances are you heard plenty about Proposition 15. As a bill that would unfreeze assessments for commercial properties, it was flashy, impactful, and activated political blocs both For (teacher unions) and Against (the… Read More »California Election Update: What Is Prop 19, Anyway?
By: Victor Ramirez Like the iconic scene of Clint Eastwood in the Wild West facing two gunmen in a three-way duel and whoever shoots first is at a disadvantage, such is the nature of real estate construction. It is in each property owner’s interest that… Read More »A Tax That Boosts The Economy
Some say racism was invented to try to justify displacing one group of people – Native Americans – from the land and enslaving another group of people to work it. Racism may be more complicated than that, but it has been closely connected to land… Read More »Racism and the Land
Kelly Doran, a prominent Minneapolis housing developer, argued in a recent op/ed that with the current economic shutdown, the city’s “inclusionary housing” regulations that require market rate developments to include a percentage of affordable units should be eliminated. He says that such requirements, along with the difficulty… Read More »Does economic shutdown allow a reset on policies to make housing affordable?
Nicolaus Tideman image: Daniel Thiele on Unsplash In ancient Sumer, it was customary for a new monarch, upon ascending his throne, to cancel the debts of farmers to their landlords.[1] (The debts of merchants to one another, however, were not canceled.) The Hebrew Bible establishes a similar economic… Read More »The Role of Debt Cancellation in Implementing Land Value Taxation
By Divya Singh In recent decades, significant increases in the rent-to-income ratios have worsened the affordability of living in cities across the world. A widely promulgated solution is to build more housing in cities. But if there is an excessive demand for housing in cities,… Read More »Property Tax Incentives for New Housing Spurred Gentrification in New York City
