ABSTRACT

The chapter builds an argument for a new initiative at the federal and state levels aimed at enabling a new generation of comprehensive plans that designate “receiving zones” where localization would offer a more self-sufficient and resilient lifestyle and make relocation an attractive choice. The chapter presents the basic characteristics for the communities to be developed within receiving zones and discusses ways to finance localization of sustenance systems. It recommends four policies: increasing productive ownership opportunities, preferential tax treatment for local businesses, tax deduction for rent, and government subsidies for localized infrastructure. Once these policies are in place, and once the localization of sustenance systems starts being realized, living in the receiving zones will be attractive, and a new market will emerge which will guide policy changes in the ways banks manage loans and insurance companies organize cover.