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From the Open-Publishing Calendar
From the Open-Publishing Newswire
Indybay Feature

YIMBY, meet NIMBY: the walking tour

Date:
Saturday, October 07, 2023
Time:
9:00 AM - 12:00 PM
Event Type:
Teach-In
Organizer/Author:
David Giesen
Email:
Phone:
415-948-4265
Location Details:
meet in the lobby of The American Youth Hostel
312 Mason Street
San Francisco

A free walking tour exploring the intersection of real estate and social issues
A survey of social movements illustrating private control of land values is oppression

The proposal: treat land values as 100% community revenue.
The efficiency reason: it'll abolish land speculation, whilst enabling the diminution of taxes upon work.
The moral argument: nobody has a superior right to use the Earth over anyone else.

To be fair, YIMBY folk do talk about this; however, it has little traction there. The result, to date, is that YIMBY says, "Yes, build housing in my back yard AND pay me the land rent as passive income."

Meanwhile, NIMBY says, "It's my back yard, and you can't build in it."

This walk proposes that the value of the back yard belongs to society, and the rent of that location should be returned to society. The result: both YIMBYist and NIMBYist have to pay society for the backyard whether it's used or not. The NIMBYist can keep it empty but must pay it's market rent, and the YIMBYist can chuckle as NIMBY land owners pay through the nose to superficially remain privileged nobility.

One thing is for sure: land values will pay for social programs, thus connecting renters and land owners alike with location.
Added to the calendar on Thu, Oct 5, 2023 7:44AM
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