> And what happens if you cannot afford the land tax? Does your home get taken away? That can happen with property tax too though. If the land tax goes that h

> And what happens if you cannot afford the land tax? Does your home get taken away? That can happen with property tax too though. If the land tax goes that high, it means more value could be extracted from that land by building more densely on it. One way this could play out for a cash-poor landowner is to sell the land to a condo developer in exchange for a couple of condos in the new building and payment for temporary housing while construction is going on. I've known this kind of exchange to happen in many Indian cities. It works out very well for both parties.