Living rooms have shrunk?

[Notch7]

Land is a factor of production. Idle land doing nothing is not being put into productive use. If you cannot understand basics then don't make arguments you don't understand

So the UK is being held back by all this land that is idle?

So, you are saying the basics are that the theory of LVT relies on the concept that land is a fundamental factor of production and is therefore a limiting factor in UK growth.

However the UK has the 2nd highest GDP per square kilometer in the world. That suggests that land is no limit to the UKs growth




https://alfinnextlevel.wordpress.co...ations-nominal-gdp-per-square-kilometre-area/

 

[IWalkLikeHimaMartian]

Consider who actually "owns" the most land in the UK though.
Forestry Commission
Crown Estates
The National Trust
The MOD
The RSPB

I understand the forestry commission is a government department.

So a land value tax would be slapping a tax on itself

I believe hard-work dealt with this scenario way back on page 4 of the discussion.

 

[IWalkLikeHimaMartian]

So the UK is being held back by all this land that is idle?

So, you are saying the basics are that the theory of LVT relies on the concept that land is a fundamental factor of production and is therefore a limiting factor in UK growth.

However the UK has the 2nd highest GDP per square kilometer in the world. That suggests that land is no limit to the UKs growth




https://alfinnextlevel.wordpress.co...ations-nominal-gdp-per-square-kilometre-area/

I do not think that kankerot and hard-work are saying what you suggest.
I think they are saying the current alternative to LVT is unfair and there is a better way.

 

[Notch7]

1. The planning laws have to be relaxed - only 7.7% of the UK's land is settled, the country is empty.
2. Introduce Land Valuation Taxation. This is zero tax on the buildings focusing on the values of the land. Labour, Greens, LibDems and others all advocate it.

Then housing sizes and quality will rise.

If the land is only 7.7% used, that does not show restriction of land availability limits production.

It doesnt provide an argument for LVT.

 

[Roger928]

Its the DM so you should like it.

http://www.dailymail.co.uk/news/article-1328270/A-Britain-STILL-belongs-aristocracy.html

http://map.whoownsengland.org/

Eat your heart out.

Now tell me some facts on post brexit trade deals.

And what do they do with the land they own?

 

[SirGalahad]

So the UK is being held back by all this land that is idle?

So, you are saying the basics are that the theory of LVT relies on the concept that land is a fundamental factor of production and is therefore a limiting factor in UK growth.

However the UK has the 2nd highest GDP per square kilometer in the world. That suggests that land is no limit to the UKs growth




https://alfinnextlevel.wordpress.co...ations-nominal-gdp-per-square-kilometre-area/

hahahahahahahahahahahahahaha

You just proven the point for LVT and against yourself.

Here goes.

1) Land is a factor of production.
2) This Equation is based on GDP. Over 90% of our economic activity is based on land usage of about 7-8%.
3) This GDP is then divided by all land available.
4) Which then shows how concentrated our land usage is.
5) Thus a high GDP per sq KM.
6) Which then means every marginal extra bit of land released for productive use would be worth more in those countries with a higher GDP per sq KM.
7) Which beautifully proves that LVT would do this.

hahahahahah

Go on Notch7.

 

[Notch7]

Land Value Tax is Zero tax on buildings.

Thats just playing with semantics.

What do houses sit on?

 

[Notch7]

) Land is a factor of production

Is land a necessary factor of production?

 

[SirGalahad]

Is land a necessary factor of production?

Learn some Macro Comrade Notch7 and some basic economics as you don't seem to want to learn anything other than try to argue your marxist corner.

 

[Notch7]

hahahahahahahahahahahahahaha

You just proven the point for LVT and against yourself.

Here goes.

1) Land is a factor of production.
2) This Equation is based on GDP. Over 90% of our economic activity is based on land usage of about 7-8%.
3) This GDP is then divided by all land available.
4) Which then shows how concentrated our land usage is.
5) Thus a high GDP per sq KM.
6) Which then means every marginal extra bit of land released for productive use would be worth more in those countries with a higher GDP per sq KM.
7) Which beautifully proves that LVT would do this.

hahahahahah

Go on Notch7.

Hahahahaha

All youve proven is that the limiting factor is restriction of planning rules not a case for LVT.

And again, is land a factor of production?

 

[SirGalahad]

Hahahahaha

All youve proven is that the limiting factor is restriction of planning rules not a case for LVT.

And again, is land a factor of production?

Your points go against your own arguments. You truly are amazing Notch7.

If tomorrow all planning restrictions were removed. Would all those builders with land suddenly build loads of homes? Flood the market or would the build enough homes to maintain prices as they do now.

 

[hard-work]

Notch7, "Land Value Tax is Zero tax on buildings."
Buildings ate capital, like a car or washing machine. Currently if you build a conservatory, you are charged for improving your living standards - pretty dumb to say the lest. LVT is only levied on the land. If the plot is vacant then you still pay the same if a building was on it or not.

When LVT as assessed they only look at the land's value, nothing else. Land Value Tax is zero tax on buildings. Taxing buildings is as daft as taxing your washing machine.

 

[SirGalahad]

LVT can be based either on the capital value of the land or the rental value of the land.

 

[hard-work]

Is land a necessary factor of production?

Yes. Look at the videos - the one using Robinson Crusoe.

 

[SirGalahad]

Why don't you read up about double marginalisation problem Notch7.

Its a nice day I'm off out. This has been fun but our resident Marxist Comrade Notch7 needs a pint. I'll buy you one Notch7. We may not agree but you on the whole have been a fun debater.