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08-30-2011, 11:21am | #1 | ||||||
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Ms. Maxy and the Entitlement Mentality
YHGTBSM!
An awesome response. |
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08-30-2011, 12:09pm | #2 | ||||||
Barn Stall Owner #99
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08-30-2011, 12:14pm | #3 | ||||||
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YGTBFSM......NO one is THAT stupid....eh??
BUT, having said that, methinks for some years now, that she did have one point, that is having a price to LAND itself, LAND has always been here, it is essentially free, like the Native Americans way before anyone else, they had to concept of ownership of a chunk of land.....and I happen to agree about that..... the change I would make is to eliminate the concept of LAND value, as totally separate and distinct from improvements to the land.....clearing work, plumbing, utilities, buildings/construction, fences ... all that has value in that it COST to do it.... but to say some 1/4 acre has value to be financed at a bank?? no, THAT part is in fact correct to what she says....maybe the ONLY damn thing she be correct on, but to be totally honest, she has a point on that one.... |
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08-30-2011, 1:28pm | #4 | ||||||
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At 3:40 she starts talking about how her ancestors in Africa didn't have to buy land, or pay rent, and how they built their own houses. I almost <coffee spewed> when she said they had electricity there in ancient times...
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08-30-2011, 1:43pm | #5 | ||||||
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I couldn't get past the 2:00 minute mark..
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08-30-2011, 2:06pm | #6 | ||||||
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08-30-2011, 2:11pm | #7 | ||||||
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08-30-2011, 3:52pm | #8 | ||||||
Barn Stall Owner #99
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08-30-2011, 4:26pm | #9 | ||||||
Vette Barn nOOb
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thanks for the kind words
I always enjoy getting linky love from like minded folks....about the land value thing. Land is property, property is a measure of the fruits of your labor. When you acquire the fruits of your labor by utilizing the resources around you (in modern time by earning money and buying things, back in the day by growing and catching your food and cutting down trees to build your house) they become your property. That property is yours to use as you see fit until it wears out or you sell or trade it for something you want more. When you truly own property you never have to pay to keep it. With real property that no longer applies. Property taxes mean you cannot own real property, you simply rent the right from the government, once you pay the bank for the property you have bought, for the rights of ownership, such as equity and tax advantages. Until property taxes are repealed and the government no longer has the ability to take property you own free and clear because of delinquent taxes we no longer actually own property.
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08-30-2011, 5:03pm | #10 | |||||||
Barn Stall Owner #99
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08-30-2011, 5:09pm | #11 | ||||||
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08-30-2011, 5:19pm | #12 | ||||||
Barn Stall Owner #99
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Ah, I wondered how he found out about this thread. Thanks dear.
Couldn't agree more with both of your statements. |
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08-30-2011, 6:41pm | #13 | |||||||
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LAND has no intrinsic value, that entire part of our 'culture' needs be reconsidered..... Consider the loss of this motel/housing unit vacation place on the shores of the Chesapeake Bay decades ago, Point Lookout....the land receded into the bay during some storm.....that land disappeared...... would it be fair to still demand someone pay for the lost land's VALUE?? NO, lost the rental income, built assets, and human developed value, surely...but the LAND?? no.... IMO, that entire concept just earns excessive interest for banks..... This country was won from kings a couple centuries ago, in screwed up old Europe they existed at the sufferance of some 'king'....so bought land he ripped off in some war or other..... now re read me previous post, maybe my position becomes more clear..... |
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08-30-2011, 10:15pm | #14 | |||||||
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08-30-2011, 11:36pm | #15 | |||||||
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08-31-2011, 12:16am | #16 | |||||||
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08-31-2011, 7:35am | #17 | |||||||
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08-31-2011, 10:04am | #18 | |||||||
Latin American Goat Roper
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[quote=TxAg;407648]Land has a value. Just because you don't like it that way doesn't take that fact away.
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lets suppose like that guy a block over, have a total loss house fire..... think your property taxes go down one buck?? the tax is on the LAND USE, and the land itself based upon that supposed USE..... paying interest on TOP of that is a phony pony......think of it like the Native Americans used to..... |
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08-31-2011, 10:43am | #19 | ||||||
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08-31-2011, 11:27am | #20 | |||||||
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yes, it will. buy a property with improvements...remove improvements... property assessed value will go down, as will the property tax liability. |
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