David Giesen 
Member since Apr 5, 2016


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Recent Comments

Re: “Oakland Mayor Schaaf Issues Order Intended to Improve Safety of Unpermitted Housing While Avoiding Displacement

Bill H raises the salient equation: Who pays for rehabilitating Oakland?

I suggest we take our cue from commonsense (and Tom Paine, while we're at it (Agrarian Justice)).

Land values belong to the community, not to those who nominally own one and another plots of nature. Tax land values heavily, and the owners of land will get that land into use quickly. The rent for the structure will pay for the rehabilitation; meanwhile the land value rents won't go to the mere landlord, they'll be a pass-through from renter through landlord and back to the community where they'll pay for streets, fire protection, and other social services. Renters will get what they pay for: safe, secure housing and work space (the building rent) AND public infrastructure (the land value rent).

And, all that rehabilitating of Oakland's buildings will employ scads of people!

Posted by David Giesen on 01/15/2017 at 10:51 AM

Re: “Oakland Housing Emergency

Property taxes suppress the rent of real estate by diminishing the incentive to speculatively invest in land. In fact, a heavy tax on land values would promote optimal market development of land, raise enormous public revenue enabling reducing or abolishing business taxes and the sales tax, as well as the property tax on buildings. Why not attend a free Save San Francisco Real Estate School seminar?

Posted by David Giesen on 04/05/2016 at 11:18 PM

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