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Description

Cities, try this one weird trick to encourage efficient land use! We sit down with Michael Krantz from Metro Transit to dig into a study his office did on what the effects of allowing LVT in Minnesota could be.

Episode summary

00:00 | Intro
01:26 | Overview of LVT
03:58 | Encouraging better land use
09:44 | Background on the bill and study
12:44 | Outcomes of the study
16:05 | Levers of control
22:08 | Affordable housing
28:48 | How budgets and taxes are set
35:46 | LVT throughout the world
38:23 | Climate benefits
41:22 | Final thoughts
43:37 | Outro

Further resources

A chart by Metro Transit to help understand LVT. Lots 1 and 2 are empty, and their taxes increase under LVT; whereas Lots 3 and 4 have buildings, and their taxes decrease under LVT.

The current bill that would make Land Value Taxation possible in Minnesota.

Attributions

Our theme song is Tanz den Dobberstein, and our interstitial song is Puck's Blues. Both tracks used by permission of their creator, Erik Brandt. Find out more about his band The Urban Hillbilly Quartet on their website.

This episode was hosted and edited by Ian R Buck, with transcript by Mike Allen, first of his name. Christy Marsden is our awesome guest booker, and technical assistance is provided by the super professional Brian Mitchell. If you're able to help make sure this team gets paid for the hard work they do, please consider donating. We really appreciate it!

Copyright

The Streets.mn Podcast is released under a Creative Commons Attribution-NonCommercial-NoDerivatives license. Feel free to republish the episode as long as you don't alter it and you aren't profiting from it.