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Can Tiny Homes Solve San Francisco’s Housing Crisis?

“Tiny homes,” residential structures that typically measure between 100 and 400 square feet, have been touted by some as an ...
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Street Art: Camden via photopin (license)

London Congestion Tax Reduces Traffic Pollution While Improving Infrastructure

Is traffic a daily problem for you? Bad news: If you live in a major metropolitan area, chances are that ...
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The UK Can Harness Post-Brexit Foreign Investment for Economic Growth

Since Britain voted to leave the European Union, global markets have dropped and people have begun to prepare themselves for ...
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How Worsening Inequality is Driven by Traditional Property Taxes

The old story continues. In the United States, income inequality is getting worse as wealth continues to concentrate excessively in ...
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Who Owns the Earth?

Who Owns the Earth?

From poverty and environmental destruction, to war and economic crises, many of the big problems we face as a planet are rooted in natural resources. While monopolists instigate wars over oil, diamonds, and other precious minerals in poor countries, the real estate sector profiteers from property bubbles (land) in rich countries.


Poverty

The legacy of colonialism is one in which we treat natural resources merely as spoils of conquest, resources to be exploited without regard for people or the environment. Consider Africa for example. Every year, $50 billion USD in aid and $40 billion in remittances go in to the continent. That’s generous, isn’t it? However, $400 billion is sucked out in resource profits. Africa, like most low income areas of the world, is not poor -it’s being looted.
Africas-not-poor-its-being-looted.

High Housing Costs

High Housing Costs

There are more empty homes in the US than homeless people. There is also a great deal of prime land in cities that remains vacant. Take New York City for example, if all of the land currently sitting idle was made available for use, it would be equivalent to adding another Manhattan to the housing market. Such a large increase in the housing supply would drastically cut housing costs and create jobs.


Environmental Destruction

Urban land is the most precious natural resource of all, for it determines how well we use all other natural resources. The more space that is wasted in cities, the more people must sprawl to outlying areas, causing a slew of environmental problems (see video). Therefore, saving the environment, and using resources efficiently means using land efficiently, first and foremost.


Urban land is the most

valuable resource of all.