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Ok, I see. But still, this boosted urbanization doesn't seem that great for building diverse cities. Just making as tall and densely-packed buildings as possibl
by tekkk 6y ago
Ok, I see. But still, this boosted urbanization doesn't seem that great for building diverse cities. Just making as tall and densely-packed buildings as possible. Yeah, ok if you build villas in the city center I can see it being useful but it seems very similar to the current taxation.
- pydry 6y agoThe difference is going to be less what gets built and who gets to profit. Instead of land speculators like Donald Trump making profits off the backs of our hard work the unearned land wealth will be distributed more evenly. In both scenarios few people will build villas in downtown Manhattan because it is too profitable to build skyscrapers instead. The difference is that with LVT building a villa will be a massive tax burden whereas under our current system there is no tax burden.