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Well, Nunavut is a Georgist Shangrila even though they don't know it. All the land is owned by the gov and leased to people, and people own their own buildings. They vote every few years to see if communities want to change this, to include the land in the property, but so far it never changes.
the paper indicates that the structural change of China's land regime around 1990 had an overall effect on the supernormal development of infrastructure in China. The paper indicates that the “land-based development mode” of China's infrastructure indeed contributed to the supernormal development of infrastructure in China
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Nobel Prize winners advocated the same for Russia... https://en.m.wikisource.org/wiki/Open_letter_to_Mikhail_Gorbachev_(1990)
Great item. Surely they can put in some clauses which to find the terms of a sublease ... Similar to rent control.
Nobel Prize winners advocated the same for Russia... https://en.m.wikisource.org/wiki/Open_letter_to_Mikhail_Gorbachev_(1990)
On Mon., Jun. 14, 2021, 11:14 a.m. Frank de Jong, <fdejong@earthsharing.ca> wrote:
Well, Nunavut is a Georgist Shangrila even though they don't know it. All the land is owned by the gov and leased to people, and people own their own buildings. They vote every few years to see if communities want to change this, to include the land in the property, but so far it never changes.Many First Nations communities share royalties (rent) from mine at the local level. A number of them have negotiated smelter royalties rather than profit royalties, so hiding profits doesn't diminish the payments.China could also be a Georgist Shangrila in that the gov owns all the land, but people are allowed to sublease and do so often at exorbitant prices, so many become fabulously wealthy rentiers. But, yes, the leases eventually run out and the gov can re-lease them at current rates.Does anyone have more info for Floyd on these two jurisdictions?Also, congratulations to Richard Pereira who was elected to the Robert Schalkenbach Foundation on Saturday. It's always good to keep a few Canucks on this board to keep the Yanks in line. : )f
On Sat, Jun 12, 2021 at 4:42 PM Floyd Marinescu <floyd@floydmarinescu.com> wrote:
--Hi everyone, this is my first post here. I'm wondering what we can learn from the property market right here in Nunavut where private land ownership isn't done but there is still a resale market for properties?Or China where people buy brand new condo's on 70 year leases and can resell the remaining time on the lease but eventually it's back to the gov to resell at modern rental rates?Are there any econometrics here that a Georgist would expect that we can point to as proof that these theories work?Does Nunavut's economy and society work the way George hoped?Floyd
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