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Partial Common Ownership/Plural Property: In Conversation with Will Holley, Graven Prest, Kevin Seagraves

RadicalxChange(s)

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Partially Common Ownership

Partial common ownership is a system that we would apply to legal interests in land, so that the sort of quote unquote taxes on them would be similar to like property taxes. It's not really the same thing as a normal private property interest. For this kind of possession of an asset, different kind of asset, because if you want to hold on to it forever,. you have to set a high price for it so that nobody else will buy it. And therefore pay a high tax on it in perpetuity. The word tax is also, I think, quite confusing here right? A better way of thinking about it might be like a fee that the possessor of something is paying to

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