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RE: [WorldTransport Forum] car sharing

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  • Wetzel Dave
    Happy to answer Simon s question put to me personally. The Land Value Tax (LVT) would apply to all sites, residential, commercial, agriculture, open space etc.
    Message 1 of 4 , Apr 21, 2004
      Happy to answer Simon's question put to me personally.

      The Land Value Tax (LVT) would apply to all sites, residential, commercial,
      agriculture, open space etc. e.g. not using a site that has permission for
      houses, a factory or offices to be built on it, would not be an excuse for
      avoiding the tax.

      The valuation of the land would be based upon the "optimum permitted use".
      This means that the valuation is dependent upon the market's demand to use
      the site and the community's decision on how that site may be used.
      e.g. If the site has permission only to be used as public open space, then
      the valuation would be zero and the tax liability would be zero. If, however
      the decision is that the same site should be used for offices of a certain
      size, then the valuation would depend on the market's need for offices, of
      that size and in that location. Close to a major road or rail station this
      value would be higher than a similar sized site, with the same permission
      but farther away from the transport (all other things being equal). However,
      if the site was up a mountain there would be no market value for offices and
      the site value would probably depend upon farming (Sheep grazing?) or

      So, in this instance:
      If society insists no or few car spaces on a residential development, this
      could affect the value of the site.

      Depending on the site's location, such a policy may increase or reduce the
      land value and hence the annual income from LVT.
      e.g. If the site is in the middle of nowhere and is not served by public
      transport, then a policy to restrict car use may deter buyers and reduce the
      land value. Of course this may be slightly offset by being able to provide
      more houses or for each house to be built with more rooms and/or bigger
      gardens (using the land which would otherwise have been used for car

      However, if the site is in a town centre with excellent public transport,
      many bus routes and a station close by then the unwanted car parking space
      now available for development will probably mean that this site is worth
      more than a comparable sized site enjoying the same location benefits but
      also having to find space for car parking either on the surface or by
      building an underground car park at much greater expense.

      LVT is sometimes referred to as "The Smart Tax". If your land value goes up
      then you pay more but if it goes down then you pay less. Used well this
      could encourage better use of land. For example, a farm restricted to
      organic farming with higher costs and a reduced output is likely to produce
      lower rents than if it were used for intensive farming. The lower LVT could
      encourage farmers to switch.

      Similarly with housing policy. LVT would be payable on empty sites so the
      owners would have an incentive to build the houses. This would protect green
      land from urban sprawl and enable our towns and cities to work more
      efficiently. (20 on a bus instead of 10).

      I hope this helps but happy to forward more information to anyone requesting
      it from me personally.


      Dave Wetzel
      Transport for London
      Windsor House, 42-50 Victoria Street.
      London. SW1H 0TL. UK.
      Tel 020 7941 4200

      Close to New Scotland Yard.
      Buses 11,24,148,211,N11 pass the door.
      Nearest Underground - St James's Park tube station.

      -----Original Message-----
      From: Simon Norton [mailto:s.norton@...]
      Sent: 18 April 2004 17:56
      To: worldtransport@yahoogroups.com
      Subject: [WorldTransport Forum] car sharing

      I think that the key issue as far as developed societies are concerned is to
      link car sharing with car-free living.

      A certain proportion of new housing should be built without any facilities
      whatsoever for individual car ownership, except possibly the odd space or so
      that might be needed by people who move in and then achieve some kind of
      disability for which an individual car is the most appropriate solution. All
      other residents of these developments would rely on car sharing for access
      private transport.

      Given that in the UK three major issues are the lack of affordable housing,
      amount of countryside being eaten up by new developments, and the effects of
      traffic they generate, we should surely take urgent steps to pursue such a
      policy which could tackle all three problems simultaneously.

      The provision of new car-free developments would go together with public
      transport improvements. This would provide a secure financial underpinning
      rail network development and rural bus provision -- both sadly lacking at

      And, as I have already recommended for London, vehicles used in car sharing
      schemes could be offered discounts, denied to other local residents, on
      congestion charging schemes within the local area.

      Can Dave Wetzel let us know how his land tax proposals would relate to this
      policy ?

      Incidentally, as one who has never left the industrialised world, I would
      to be enlightened as to the land use implications of rising car ownership in
      other countries, i.e. do motorists have problems finding somewhere to keep
      cars ? Do they, perhaps, resort (not necessarily deliberately, but in a
      which ends up that way) to driving poorer people into remote shanty towns so
      to create space for garages ?

      Simon Norton

      The Journal of World Transport Policy and Practice
      Consult at: http://wTransport.org
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