4 ms·
> I would be forced to sell the land that I want to keep and sell later for appreciation value. This is the literal point of the LVT: to make it more expensiv
by thematrixturtle 5y ago
> I would be forced to sell the land that I want to keep and sell later for appreciation value.
This is the literal point of the LVT: to make it more expensive to hold land unused for speculative purposes, and thus incentivize doing something productive with it instead.