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RE: Community Land Trust as Path to Full LVT was: Re: [LandCafe] Re: Dodson's report

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  • Harry Pollard
    Colin, My only thought concerns the “brownfield site”. Is it in good condition? You wouldn’t want to start out with two strikes against you. Anyway –
    Message 1 of 25 , Feb 10, 2008

      Colin,

       

      My only thought concerns the “brownfield site”.

       

      Is it in good condition? You wouldn’t want to start out with two strikes against you.

       

      Anyway – good luck!

       

      Harry

       

      ******************************

      Harry Pollard

      Henry George School of Los Angeles

      Box 655

      Tujunga  CA  91042

      (818) 352-4141

      ******************************

       

      From: LandCafe@yahoogroups.com [mailto:LandCafe@yahoogroups.com] On Behalf Of Colin Bastin
      Sent: Saturday, February 09, 2008 2:55 PM
      To: LandCafe@yahoogroups.com; Wetzel Dave
      Subject: Re: Community Land Trust as Path to Full LVT was: Re: [LandCafe] Re: Dodson's report

       

      

      Dear All

       

      At today's Consultative meeting #2 on the Labour Manifesto for the GLA elections on 01 May, Charlie Mansell put forward an empassioned plea for the GLA to pioneer at least one Community Land Trust.  He suggested a brown-field site in the East End, by the Olympic site. 

       

      Muraid Qureshi who was chairing the syndicate group on Communities, Housing, Culture and Sport seemed quite supportive.  Will it ever happen?

       

      Ken Livingstone was supportive of the idea of a People's Games, the 2012 Olympics involving Co-operatives and Communities.

       

      Was I dreaming?

       

      Fraternally,

       

       

      Colin Bastin
      colinbastin@...
      Mob. 07788 725 188
      Tel. 020 8995 4132

      ----- Original Message -----

      Sent: Saturday, February 09, 2008 1:19 PM

      Subject: Re: Community Land Trust as Path to Full LVT was: Re: [LandCafe] Re: Dodson's report

       

      I am asked bus a US friend:

      "There is a lot of money in the coffers of few big Georgist foundations.  They
      invest the money and spend a bit of the returns, but it's hard to get them to fund
      big projects.
      Some municipalities over here (in the USA) are providing seed money for CLT's.  
      What about the UK?"

      Can any UK Community Land Trust expert able to advise?
      Best Wishes,
      Dave

      Dave Wetzel
      Vice-Chair TfL
      Tel: 020 7126 4200
      --------------------------

      ----- Original Message -----
      From: Mark Monson <MMONSON1@...>
      To: Wetzel Dave
      Sent: Sat Feb 09 11:57:37 2008
      Subject: Re: Community Land Trust as Path to Full LVT  was: Re: [LandCafe] Re: Dodson's report

      Wetzel Dave wrote:
      > Cheers Mark,
      > An excellent idea.
      > Where do we start?

      There is a lot of money in the coffers of few big Georgist foundations.  They
      invest the money and spend a bit of the returns, but it's hard to get them to fund
      big projects.

      Some municipalities over here are providing see money for CLT's.   What about the UK?

      Mark
      >
      > Best Wishes,
      > Dave
      >
      > Dave Wetzel
      > Vice-Chair TfL
      > Tel: 020 7126 4200
      > --------------------------
      >
      > ----- Original Message -----
      > From: LandCafe@yahoogroups.com <LandCafe@yahoogroups.com>
      > To: Roy Langston <roy_langston1@...>; LandCafe <LandCafe@yahoogroups.com>
      > Sent: Wed Feb 06 15:20:00 2008
      > Subject: Community Land Trust as Path to Full LVT  was: Re: [LandCafe] Re: Dodson's report
      >
      > Roy Langston wrote:
      >
      >>Ed Dodson wrote:
      >>
      >>
      >>
      >>>There are no silver bullets for achieving the degree of
      >>>change we seek.
      >>
      >>
      >>I'm not sure that is true, although it certainly might be.
      >>
      >>There is a concept in the ancient oriental game of go that
      >>the Japanese call "tesuji," meaning a particular, often
      >>indirect move that optimally exploits subtle weaknesses in
      >>the opposing forces to achieve an objective that at first
      >>blush might seem completely impossible. A tesuji takes
      >>advantage of a specific opportunity to turn a situation
      >>around just when the opposition appears to have won. I
      >>have often thought -- hoped, anyway -- that there may be
      >>tesuji-like opportunities to advance geoist ideas that are
      >>just too subtle for us to have seen. The prospects of a
      >>brute-force solution are not encouraging.
      >>
      >>
      >>
      >>>What will finally generate sufficient public awareness
      >>>and then support for our proposals I do not know.
      >>
      >>
      >>And nor do I; but I do believe it may be something quite
      >>small, simple, yet subtle and indirect, like a tesuji.
      >>Could it be a game like Monopoly that suddenly makes the
      >>issue clear to millions of people? A novel, movie, or even
      >>a comic book that becomes wildly popular and provokes a
      >>mass elevation of consciousness? I think such phenomena
      >>are entirely possible.
      >
      >
      > The Community Land Trust, I believe, is such an opportunity. At this point in
      > history, with massive home mortgage foreclosures, The CLT model offers a chance to
      > use Georgist funds to make permanent progress towards the ultimate goal of full LVT.
      >
      > Instead of fighting politically for either gradual local implementation or full
      > scale national political reform, CLT is a way to gain real and permanent territory,
      > keep land money away from the banks, and offer real short-term relief to homeowners
      > and those who want to be homeowners.
      >
      > Current situation in the US:
      >
      > Land prices are falling. Many homeowners are looking at negative equity they can't
      > escape. Property taxes are being attacked as a way to get some relief. Homeowners
      > are walking away from mortgages or selling cheap. What the people really need is
      > clean slate debt relief decreed by the federal government. They won't get that.
      >
      > There is another way to help them short term and ultimately long term with full LVT.
      >
      > THE PLAN
      >
      > Offer relief to homeowners by taking land title in exchange for reduced total
      > payments. They get to keep the structure, we get the land. They pay to own the
      > structure and lease the land from us. We take their payments and plow them into
      > more purchases of cheap property. Using foundation funds as seed money, we buy up
      > low cost single family residences and covert them to CLT. Homeowner's payments go
      > down. They lose speculative hope of land price appreciation but they gain lower
      > payments. Speculative hope is about gone now anyway.
      >
      > THE BENEFITS
      >
      > Helping people. These folks have seen the dark side of home equity speculation.
      > They are ready to dump that dream for stability, security, and affordability.
      >
      > Education. Immediately people see the difference between land and improvement
      > value. The "cat" is right there every time they make payments to one place for
      > their house and to us for land lease. They see split taxation every time they make
      > an improvement-only property tax payment. We pay the land tax.
      >
      > Path to full LVT. This kind of thing feeds on itself. It doesn't have to be
      > strictly low income or even residential. The non profit Georgist land owner keeps
      > expanding the program with collected rents. CLT homeowners see their interest in
      > shifting taxes off of improvements. We take the tax hit but that's okay.
      > Eventually full LVT puts the CLT out of business. Full title is turned over to
      > homeowners who make their land lease payments to government instead of us.
      >
      > Now is the time to make CLT gains while the real estate market is tanking. But
      > even if the process of taking land away from the mortgage lenders takes decades, it
      > is a sure and incremental gain that can't be reversed by local government folly ala
      > Pittsburgh. Once we get the land, we keep it until full LVT comes. Had this
      > project been started in 1900, where would it be today?
      >
      > Simultaneously we still do traditional Georgist education. The progress of CLT
      > will be educating in itself, and also a gradual, non political path to ultimate
      > full LVT. It will also be an encouraging moral booster for embattled Georgists who
      > haven't seen solid progress in a long time.
      >
      > This plan will work. We have the seed money to start it. The CLT idea is so good
      > that many other non profits are using the model to create affordable housing in
      > their communities. That's good but not good. Good because it helps land users but
      > in the long run the non-Georgist CLT's will find their interests opposed to LVT.
      > They don't want their taxes going up. All the more reason for Georgist CLT's to
      > step up at this moment of opportunity.
      >
      > Mark Monson
      >
      >
      >
      >
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