4 ms·
Except you don't know which land should be "for living", and which should be barren swamp land. If this were applied city-wide, there would be many owners of le
by smokeyj 9y ago
Except you don't know which land should be "for living", and which should be barren swamp land. If this were applied city-wide, there would be many owners of less than developable land getting taxed higher for no reason. If you draw a specific territory of land that should be taxed higher, then you're essentially singling out specific property owners. Might as well use eminent domain at that point.
People who come up with these crazy ideas seem to not have a solid grasp of supply and demand. The supply of land is not the problem. The supply of buildings is not the problem. The supply of competent municipalities that can sustain high density living is the problem.
The solution to lowering the cost city living is to increase the supply of cities. New ones, without the political baggage we have now. High density, modular, mass produced. If we're not talking about mass production, we're just rearranging deck chairs on the titanic.