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LVT taxes the land. If you have 1 unit on 1 acre... it's going to pay the same amount in taxes as 10 units. So it's an incentive to use the land intensely enoug
by davidw 5y ago
LVT taxes the land. If you have 1 unit on 1 acre... it's going to pay the same amount in taxes as 10 units. So it's an incentive to use the land intensely enough in order to pay less in taxes.
- Gigachad 5y agoWouldn't high density living also explode land value though?. The block of land I live on would be worth $10M+.