Low-density housing typically refers to residential areas occupied primarily by single-family homes or buildings with a limited number of dwellings. There is no set definition, but one characteristic of such an area is that the inhabitants start complaining about any housing development that is too… Read More »Zoning Has Been Weaponized
On a lazy Sunday morning I managed to get my son Miran (9) and his friend Tinus (10), who lives next door to us, to play a game of Monopoly. They were not very enthusiastic at first; they find the game boring and predictable. The player who can build houses first quickly gets ahead in the game. Especially if he reinvests the money he earns in new houses. For the others, it’s hard to catch up. The winner accumulates piles of money, the other players are broke and frustrated. There’s hardly any strategy involved. It’s just a matter of being lucky or unlucky.
The current housing market in the Netherlands looks a lot like a Monopoly game. If you bought a house at the right time, your wealth is growing. If you don’t own a house yet, it is almost impossible to get in on this wealth growth.
In The Privatization of Everything, Donald Cohen and Allen Mikaelian argue that, over the past four decades, private entities have wrested control of many of the functions of federal, state, and local governments. Free-market ideologues and cost-cutting “small government” bureaucrats have cooperated with business firms… Read More »The Privatization of Everything
Apparently, cyberattacks do not only involve computer programming. There is a thing called perception hacking, a name for the kind of disinformation campaign that starts online and seeks to sow distrust and division deeply and widely in a society. In the run up to the… Read More »Shared Truth
Article by Tom Gihring, Research Director – Common Ground OR/WA Consequences of Two Property Tax Systems For several years property tax reformers have been calling for a land value tax (LVT) to counteract rapidly rising home prices. A property tax system that raises the tax… Read More »Tax Induced Opportunities for Expanding Community Land Trust Housing in Portland, Oregon
LLCs are a way to combine the benefits of a traditional corporate structure with enhanced anonymity and reduced tax-liability, making them the ideal method for limiting risk while at the same time maximizing profits. This incentivizes land speculation rather than reinvestment in the land in… Read More »CPTR Mapping Tool: LLCs in New York City
The new book, The Dawn of Everything, by anthropologist David Graeber (who died before its publication) and archeologist David Wengrow is fascinating. It starts by exploring why the origins of inequality suddenly became a concern in 17th and 18th century Europe, a society that had experienced only inequality… Read More »Book Review: The Dawn of Everything
In a small village in the Netherlands, 2,220 square meters of land was taken out of the economic system. It cannot be bought nor sold for at least seven generations to come. “Land is a basic resource, just like the air we breathe.” This article… Read More »Dutch Pioneers take their land off the Market
Believe it or not, property taxes have a lot to recommend them. An ad valorem tax on an inelastic base, property taxes are a transparent and steady revenue stream that forms the financial backbone of most municipal budgets. Yet despite these widely admired (in economic… Read More »Bias in Property Assessments: Sources and Solutions
Review: Daniel Mandell, The Lost Tradition of Economic Equality in America: 1600 to 1870. Baltimore: Johns Hopkins University Press (2020)
Historian Daniel Mandell’s fourth and most recent book is an important contribution to studies about the relationship between property, wealth, and history. Published in 2020, this book has not received the attention it deserves. The author has unearthed substantial new material, which along with roughly… Read More »Review: Daniel Mandell, The Lost Tradition of Economic Equality in America: 1600 to 1870. Baltimore: Johns Hopkins University Press (2020)