01-09-2008, 07:27 PM
I am going to send an idea up a flag pole and see who kicks it around.
I am now seeking to find ways to slow the growth on Big Island and get those who do come more vested in the community. The idea is this, "You come and build but if you sell within 7 years, the county takes half your capital gains." Or something to that effect, the number of years and the percentage taken is up for discussion but essentially the intent is to gid rid of folks building homes with the intention of turning around and selling them for a profit. racheting up the values at whose expense? Some would argue, but this increases the value of people homes, their land. But that is only going to matter if somebody wants to sell and get out, otherwise it just makes it more expensive to live here as taxes and services continue to rise. So, your feedback is welcome and better still your ideas.
marlin
I am now seeking to find ways to slow the growth on Big Island and get those who do come more vested in the community. The idea is this, "You come and build but if you sell within 7 years, the county takes half your capital gains." Or something to that effect, the number of years and the percentage taken is up for discussion but essentially the intent is to gid rid of folks building homes with the intention of turning around and selling them for a profit. racheting up the values at whose expense? Some would argue, but this increases the value of people homes, their land. But that is only going to matter if somebody wants to sell and get out, otherwise it just makes it more expensive to live here as taxes and services continue to rise. So, your feedback is welcome and better still your ideas.
marlin
marlin