2 ms·
Not necessarily. The problem with land is that you can’t make more of it, and owning it allows monopolistic use, and thus rent seeing behavior from landlords an
by 0xB31B1B 9y ago
Not necessarily. The problem with land is that you can’t make more of it, and owning it allows monopolistic use, and thus rent seeing behavior from landlords and deadweight loss. The LVT if properly implemented will capture the dead weight loss given to landlords.