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akst • today at 3:15 AM • 1 reply • view on HN

It really doesn't have much to do with planning or zoning, I imagine it predates that. A lot YIMBYs are also georists but a LVT wouldn't really address issues created by planning.

Zoning and planning distorts land values so georgism alone won't solve land use problems. E.g. Demand for land with fewer property rights (such as single family zoning, or a heritage restriction) will be lower than the site next to it that allowed building a 200 floor residential tower. In turn its land value will be lower.

It might still yield a high rent tho, but maybe not more than a new well maintained apartment.


Replies

epistasis • today at 5:06 AM

> A lot YIMBYs are also georists but a LVT wouldn't really address issues created by planning.

It wouldn't directly address those planning issues, but it aligns the financial incentives of the body politic between residential homeowners and the rest of the community. Normally residential homeowners have huge financial incentive to make housing scare and expensive, the LVT removes that financial gain from causing misery.