4 ms·
A construction boom is great, but temporary. Best way to ensure housing isn't treated as an investment or speculative commodity is to have a tax on land value.
by nwah1 8y ago
A construction boom is great, but temporary. Best way to ensure housing isn't treated as an investment or speculative commodity is to have a tax on land value.
Unfortunately, this view is very unpopular in the US, particularly among the most powerful special interests and voting blocs.