[jlokier]

If we accept that a feature of cities is people want to live in them, and will compete for that, therefore UBI won't help people live in cities.

How does LVT help poorer people live in cities? The competition for clustered housing continues, that's a fundamental cause.

Richer people still have an advantage over poorer people in economic competition. Instead of people renting and landlords scooping up all the UBI, with LVT you have people competing to buy housing and LVT scooping up all that people can obtain (whether it's UBI, earnings or something else).

Poorer people don't have much luck buying housing in the first place, because of mortgage gatekeeping, even when the actual cost of purchase (mortgage payments) is significantly lower then renting. Even when they do, they pay more for the same level of housing in the end (mortgage interest).

So a switch to a city economy where housing is primarily based around purchases would seem to be not so good for poorer people trying to live there, unless something can be done about access to long-term credit.

[ethanbond]

LVT would help in a few ways:

1) Public investments such as subways yield increases to public coffers (today, the landlords who happen to own land near a new subway station get a windfall off the city’s billions of dollars of investment). This would incentivize public investment.

2) Land speculation goes away, and development is strongly incentivized, so more units come online and push prices down.

3) Both of the above improvements, as well as private investments made due to public/communal value (such as HQ2 not being built in the middle of nowhere), would funnel huge amounts of money to public coffers. We as a democratic society can decide if we want service workers living in our cities (I reckon anyone who lives in reality does want this) and have the resources to fund making that possible. Things like functioning transit systems go a long, long way.

[opwieurposiu]

Land tax is a better then income tax, because it is more efficient. UBI is better then 100 different need based programs because it is more efficient. But government/politicians do not value efficiency, they value bureaucracy. So they will stand in the way of anything better. Clearly what we need is a UBG, Universal Bureaucrat Guillotine.

[lmm]

> How does LVT help poorer people live in cities? The competition for clustered housing continues, that's a fundamental cause.

It means there are better incentives to build denser housing (redeveloping doesn't increase your property taxes, but as your area gets more desirable your land value tax goes up whether you redevelop or not) and public transit (because the city can fund it off the land value increases). So there's a bigger supply of clustered housing.

> Poorer people don't have much luck buying housing in the first place, because of mortgage gatekeeping, even when the actual cost of purchase (mortgage payments) is significantly lower then renting. Even when they do, they pay more for the same level of housing in the end (mortgage interest).

LVT helps a lot with that as well: property becomes less good as an investment, and you don't get to pay lower property taxes just because your bought a while ago.

[JoshuaDavid]

> If we accept that a feature of cities is people want to live in them, and will compete for that, therefore UBI won't help people live in cities.

It depends on why people want to live in cities. The people who are living in cities mostly for the vibrant community will probably want to stay there. The people who are living in cities because they can't get a job outside the city will no longer have that constraint, and some of those people will move away. Not everyone has to move away for competition to decrease.