4 ms·
You need to realign incentives. You can't do that now if homeowners and investors don't want to allow housing. Resetting taxes to LVT means that improvements o
by kiba 5y ago
You need to realign incentives. You can't do that now if homeowners and investors don't want to allow housing.
Resetting taxes to LVT means that improvements on land won't be disincentivized. Buying them out means they get a lot of cash and won't be so opposed to you lowering the value of their owned property.
Also, the government will be able to afford to focus on cheap housing, not what makes them the most money, since their focus isn't private profit.