"Value capture" - a friendly sounding term encountered in high finance and planning circles.
What it really means is value denial, value transfer or simply value theft.
In practice this means things as altering housing codes to give less.
Examples: In housing codes:
First and foremost, devise a campaign crafted and financed by high finance, and embraced my much of the political spectrum, least likely Republicans, embrace reducing or eliminating parking spaces upon private properties. We see this principally from the supposed "left" - such as nifty "progressive" sites as Dave Alpert's Greater Greater Washington, and an entire cacophony of "new urban-inst entities. And we even see such talking points likewise touted by "free market" libertarians as Reason's Virginia Postel, chiming that residential off street parking spaces be eliminated to reduce housing prices - even in areas quite unlike say Manhattan, such as residential developments in areas with comparably low land costs.
Reduce housing lot sizes. California is disgusting with this nonsense, 7300 square foot postage stamp sized lots, with the houses no more than 24 feet apart on one side and as little as 8 feet on the other, and backyards barely 18 feet deep. Yes, in California where the developers paid little and were directed to so squeeze the properties for maximizing property tax income. And developers that refuse to sell an added lot to a new house & lot for extra space, insisting they shall ONLY sell an extra house together with the extra house to preserve their profit.
Eliminate attics, second floors, with low roofs combined with high ceilings. And be sure to deny choice for new development, such as in Victorville, east of LA, where they are building these tiny lot sizes upon scrub lands at the edge of the Mohave Desert, while refusing to offer the house models with at least a somewhat higher roof with a second floor crawl space that the same builders DO offer in Nevada.
Eliminate basements entirely. California does this entirely, with concrete slab.
Be sure to never dig into the side of a hill to create a partial or full lower level, not even if but slightly (e.g. for a lower level beneath a rear patio but not the house itself) but instead use truckloads worth of fill soil.
Be sure to make front driveways barely long enough to park even a sub compact vehicle without such overhanging the sidewalk- a ticket-able offense).
Be sure to not prohibit placing residential garages that face each other with a space of under say 28 feet. Lived in such a development, in the San Elijo Hills area of San Marcos, California. Some such spacing were over 30 if not as much as nearly 40 feet. But ours was a mere 21 or 22 feet, insufficient for pulling an automobile straight into the garage, necessitating bringing the car's turning radii into the garage, so using the right-hand space would conflict with any car parked in the left-hand space.
Downsize the size of the garages. Pretend that any car is to be downsized from the early - mid 1970s. Assume no more 1960s-70s traditional large cars. Leave perhaps a single foot extra length for a traditional intermediate. Make the garages barely wide enough, without the space to open the doors without striking the adjacent car. If a garage lower than the main house floor - - a platform within the garage may be too close to fully open a car door.
Fail to provide any meaningful lower level. No real basement. Claim the water table is too high even to deny a PARTIAL basement, e.g. an excavation less than required for a full 8 foot basement. IOW ZERO excavation whatsoever, with a mere 2 or 3 foot craw-space insufficient for owners to monitor repair personal due to the line of sight being blocked by ducting. And of course, NO storm shelter.
Fail to delineate property lines, e.g lot corner posts embossed with a town, county or state emblem.
Allow California style small lot sizes and tight house spacing to permeate rural areas.
Subscribe to Obama/Biden Administration Wall Street high finance advisors to "value capture" space from within new residential construction. Reduce or eliminate "needless" space from new house constructed, such as office and shop space. Reduce kitchen sizes, with the excuse that the space to prepare "elaborate" meals is simply unneeded as people now have take out delivery. Be sure to exclude building bookcases into walls. Be sure that garage space is reduced to deny any extra space for hobby activities, let alone storage space- the latter so people are more dependent upon corporate self storage businesses, so people lose their possessions from the added "value capture" for spiking such storage unit rental income.
See also: https://southmallblogger.blogspot.com/2023/08/so-called-value-capture-in-media.html
No comments:
Post a Comment