tag:blogger.com,1999:blog-1141932539860553199.post6683994052237456210..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Killer Arguments Against LVT, Not (367)Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1141932539860553199.post-6067772525329007632015-08-20T10:09:22.686+01:002015-08-20T10:09:22.686+01:00Land owners already have an incentive to do someth...<i> Land owners already have an incentive to do something with the land – opportunity cost. In other words, if I have an acre of land that I’m doing nothing with, but that I could profitably let a bunch of houses be built on, the cost to me of doing nothing is that house profit. An LVT would just add to this.</i><br /><br />In a zero-tax-until-realization situation, which is often the case, you on the contrary have an opportunity cost of building something. The minute you start building you add risk and capital costs on an object that is depreciating. With bare land with or without building permission you have a long term capital gain, which may appreciate higher than lending interest costs. It can finance itself even without realization of anything.Kjhttps://www.blogger.com/profile/13530243002915410700noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-78537772964100862942015-08-20T09:26:40.392+01:002015-08-20T09:26:40.392+01:00SB is - IMHO - very confused. It's almost as ...SB is - IMHO - very confused. It's almost as if he is trying too hard.Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-7067644888614542332015-08-19T21:26:10.604+01:002015-08-19T21:26:10.604+01:00"If people are prepared to pay as much for th..."If people are prepared to pay as much for the gold in their jewellery as manufacturers are prepared to pay for gold in electronic components,"<br /><br />I'm pretty sure this is already the case and you buy the stuff by weight (if you are a goldsmith or industrial manufacturer). However, gold is a good choice of example because, like land, it isn't taxed at all currently.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-77946678491532147342015-08-19T20:21:24.980+01:002015-08-19T20:21:24.980+01:00The photo above depicts an OSB cracker box being s...The photo above depicts an OSB cracker box being slapped together a full 12" away from CBS...in fairness, bare block...with handy widow views of the new-construction OSB cracker box. I must wonder if they'll goose 14-gauge Romex (shudder) down to 16-gauge lamp cord while they're at it.<br /><br />America has fallen.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-27760512570738097712015-08-19T19:09:45.365+01:002015-08-19T19:09:45.365+01:00http://www.wsj.com/articles/size-of-new-homes-in-u...http://www.wsj.com/articles/size-of-new-homes-in-u-s-shrinks-by-one-closet-1439933212<br />This on topic.Randomhttps://www.blogger.com/profile/04445772572707818311noreply@blogger.com