A) We are in an incentive trap. It sucks for property owners, but government subsidizing them with zoning laws needs to stop. If they are leveraged and lose all

A) We are in an incentive trap. It sucks for property owners, but government subsidizing them with zoning laws needs to stop. If they are leveraged and lose all their money I don't care. They used the state to steal their rents and capital appreciation from the productive people, workers and business owners. From a Georgist prospective, aside from removing the indirect subsidization from zoning laws, I think land value should be taxed: https://en.wikipedia.org/wiki/Land_value_tax https://en.wikipedia.org/wiki/Land_value_tax B) See this portion of my comment: From a policy perspective, I like federal land-value taxes that tax based on the counterfactual value of the land absent zoning restrictions, which would internalize the costs of zoning on landowners. C) Not really. Just responding to incentives. Like all of us.