This happens now anyway, except currently people are priced out by an increasing cost of goods and services and then forced to leave the area entirely. The idea

This happens now anyway, except currently people are priced out by an increasing cost of goods and services and then forced to leave the area entirely. The idea/hope/whatever behind LVT is that it would force redevelopment into more density, allowing more people to live in valuable areas while keeping cost of living flat and manageable. Density is the end-goal of LVT proponents. I admit I don’t have a lot of attachment to a given plot of land, and understand some people place more value on that. But it’s also pretty selfish for one person/family to claim a plot in a productive market to the exclusion of ten others by standing in the way of densification. It’s a question of singular good vs that of the collective, and there is no right answer there at which point I guess it’s agree to disagree?