4 ms·
In high-demand cities, the land is the expensive part—not the house on top of it.
by tvanantwerp 6y ago
In high-demand cities, the land is the expensive part—not the house on top of it.
- larsiusprime 6y agoRight you are, and the land tax is specifically designed to destroy the speculative activity that causes it to increase forever.
- chordalkeyboard 6y agoHow are we determining that the land value increased because of speculation, and not because the land continues to become exponentially more valuable do to its location in a popular area?
- goesnowhere 6y agoYeah thats kinda the point.