Re: Calculating the value of residential properties, separate from land parcels
- --- In LandCafe@yahoogroups.com, "Edward Dodson"
> The basic calculation of the value of a residentialNo, the market could not care less about replacement
> property that does not have some unique historical
> or architectural value (i.e., value -- as Harry
> Pollard would say -- because it is a collectible)
> is replacement cost less depreciation.
cost. The value of improvements is the difference
between what the property would sell for with them
and without them. The "land-residual" value
calculation Ed described above is what leads to
anomalies like the aggregate value of all the
corporate-owned land in the USA being negative.
-- Roy Langston
- --- In LandCafe@yahoogroups.com, "John" <burns-john@...>
> Henry George was adamant that full Land Value Tax,I don't recall him saying that, and it certainly isn't
> the Single Tax, would mean all would gain, no losers.
true. Many people will lose, especially in the
transition period. That is why we must design the
transition to be as painless as possible for the great
majority of landowners: those who own only the land
under their dwellings. And that is why restoring the
equal individual right to liberty through a universal
individual exemption (or, second best, a CD) is crucial
to our success. This is something Henry George either
did not understand or did not give enough weight to, or
the exemption would have been a central feature of his
Single Tax advocacy.
> All boats rise on the same rising tide.Er, those who can't be bothered swimming or walking are
drowned by a rising tide.
> * Will the corporations still be loyal to the US?Is a tapeworm loyal to its host?
> * Will they do everything to get the LVTYes. And that will include assassination. Let's not
> implementing government out?
kid ourselves on that score. This is serious business,
and the vital interests of some very powerful and
deeply evil people are at stake.
-- Roy Langston