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Questions tagged [land]

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How much extra Riccardian Rent can be collected by raising the land value tax from 1% to 100%?

Henry George proved that landowners are allowed to extract Rent from the land they own. He, and Georgists in general, argue that the government should levy a 100% land value tax to collect all of this ...
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1answer
32 views

Why doesn't land value go to 0 when tax rate goes to 100%?

I'm looking at this equation here: $$y = \frac{ra}{r+x}$$ Where: $y$ = market value of land $r$ = real interest rate, set at 0.01 $a$ = land value, set at 1 $x$ = tax rate I don't really ...
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2answers
42 views

What are the drivers of the price of land?

I'm interested in what factors lead to changes in the price of land. I'm interested in this question in general across a whole country, say (as opposed to land in particular places). So I'm ...
2
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2answers
63 views

Why are many railroad rights-of-way held in easement rather than in fee simple?

In the United States it is said that many railroad rights of way are held by railroad corporations in easement rather than in fee simple. It seems strange that it would be done that way when one ...
4
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1answer
117 views

Is soil exhaustion rational?

I was talking with friends about soil exhaustion in agriculture. They tell me that it is very frequent because of the methods employed in modern agriculture. They suggest that this amount of ...
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1answer
2k views

Today's value of the Louisiana Purchase?

A video I watched claimed (at 6:50) that while only \$0.25B had been paid for the Louisiana Purchase, the current value was \$1200B (all in 2017 dollars). I couldn't find any references, but assuming ...