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The Center for the Study of Economics is a 501 (c) 3 non-profit tax educational foundation, established in 1980 as the sister organization of the Henry George Foundation of America. 

We study the impact of LVT on a community, as well as providing technical assistance in implementation and tax administration. Where appropriate, the Center will promote the adoption of LVT.  

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Center for the Study of Economics
413 South 10th Street 
Philadelphia, PA 19147
Telephone: 215-923-7800
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Philadelphia on the Edge: The Port Richmond Neighborhood

What happens in a residential neighborhood under pressure from speculators and absentee ownership? These maps illustrate the adavnce of absenteeism and vacancy, and the effect of LVT on these negative factors. Port Richmond, once a tightly knit area of homeowners, industrial jobs and small business is experiencing the continuing impact of structural instability.

Image Vacant lots and Land Value Tax: The Port Richmond Neighobrhood of Philadelphia
The increased tax liability on vacant land is a prime goal of LVT. Make the owners build or sell. The at-risk neighborhood of Port Richmond (Both Council District 1 and 6) serves as an example.
Image Port Richmond: Absentee Residential Property Owners
The map illustrates the advance of absentee ownership of residential properties from the west of the Richmond Neighborhood. Currently, they are located mostly west of Aramingo Avenue.
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