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Most serious study on this suggests it would have the opposite effect: make it harder for the wealthy to horde land in the form of low density residences in pri
by burlesona 5y ago
Most serious study on this suggests it would have the opposite effect: make it harder for the wealthy to horde land in the form of low density residences in prime locations where townhomes and apartments would be a much better economic outcome enabling many more people to live affordably in close proximity to their jobs.
- kebman 5y agoI don't buy that. If there's one party benefitting from such tax, it's big players who can afford tighter margins. It's a play that mostly favours monopolists, who can also afford to have "serious studies" made.