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>That's not ideal but it doesn't seem catastrophic. >If a piece of land is underdeveloped and they charge a little too much, the person just surrenders that la
by carom 5y ago
>That's not ideal but it doesn't seem catastrophic.
>If a piece of land is underdeveloped and they charge a little too much, the person just surrenders that land to the government which auctions it off.
I would say a situation where I surrender my land to the government is catastrophic. Feels like it would easily turn into forced sales.
- JamesBarney 5y agoYou're surrending land because land isn't worth anything and you don't want it anymore. The whole point of Georgism is to make land really cheap, by making it expensive to own.