kdka.com - City Officials Develop Plan To Fight Urban Blight "And I can tell you that the No. 1 issue when it comes to neighborhoods and quality of life is abandoned properties, is abandoned lots, is the neglect from those property owners to take care of them," Ravenstahl said.To pile onto their train of thought, the #1 person in the mayor's office concerning neighborhoods came to a community meeting last week. She said that the city's #1 asset was its property.
These guys and gals are brainwashing themselves to think about lots, property, blight, buildings and real estate. In feudal days there were land lords and renters. They've got feudal perspectives.
Notice too how he is going to declare war on building. There are 1,400 condemned buildings and the budget gets to be doubled. They want to talk about apples and oranges. Money to building totals paints a bleek picture.
Double the demolishing still means less than half of the buildings get touched.
Presently, more buildings are flipping to racoon hotels than are being torn down. The city is going under farther each week.
After the city doubles its efforts this year, it will need to double its efforts again next year. Then there might be light at the end of the tunnel.
The comprehensive plan the city needs is rooted in the land value tax.
Today, property owners are rewarded with lower taxes when their buildings decline. Today, property owners are punished with higher taxes when their buildings are fixed up.
As taxes are set only upon the value of the land, there will be a city-wide push to retain value in the existing buildings. Or, if they are bad, but in poorer neighborhodds, they'll be fixed up for the value. And, the buildings that have gone to seed in more upscale neighborhoods will get fixed too, as the taxes will be too high to hold onto an under performing property.
The land tax is a win-win-win-win for owners, neighborhoods, city and taxpayers.