Plotwatch: Humberstone, LE4

LESSBIG has been in touch with the owner of this plot on Fairfax Road, Leicester, who is looking to do something with the property and plot.

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They are particularly keen on a community or self-build approach with environmental credentials and are prepared to negotiate more preferable terms on this basis. In their own words: “If we’d only wanted to cash in on it, we would have sold it off years ago.” More info after the break:

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Land Value Tax

Land monopoly is not the only monopoly, but it is by far the greatest of monopolies — it is a perpetual monopoly, and it is the mother of all other forms of monopoly…Roads are made, streets are made, services are improved, electric light turns night into day, water is brought from reservoirs a hundred miles off in the mountains—and all the while the landlord sits still.”

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That was what Winston Churchill said about Land Value Tax in 1909. But what is it and why should I care?

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