Comment 101036

By StephenBarath (registered) | Posted May 06, 2014 at 13:25:45 in reply to Comment 101028

Who benefits when property values go up but the owners of those properties? It’s because demand has gone up which is certainly a good thing, but the property owner is the beneficiary of that. If someone invests in an improvement to his property, and attracts higher rents because of it, that’s certainly a good thing. Should the taxpayer pay to have that individual’s location improved for him?

In the case of improved transit, transit is a public good. If this investment’s intent is improved transit + increased development, I don’t see what’s wrong with asking the beneficiaries of that development from footing part of the bill.

Permalink | Context

Events Calendar

There are no upcoming events right now.
Why not post one?

Recent Articles

Article Archives

Blog Archives

Site Tools