I can't speak to GP, but fixing property taxes is critical to solving some of the land price issues in Kentucky. Currently, in kentucky, if you own a certain a

I can't speak to GP, but fixing property taxes is critical to solving some of the land price issues in Kentucky. Currently, in kentucky, if you own a certain acreage (it's something low like 10) your property is taxed on it's agricultural value instead of it's real value. So you build a 2.5 million mcmansion on a 10 acre lot and you pay taxes on 10k in agricultural value instead of taxes on that 2.5 million. All the huge property speculators own large lots in the big cities and they won't subdivide and sell to individuals because if they subdivided they would have to pay taxes on what it's worth instead of some ridiculous "agricultural" value. One of the big builders here owns a 300 acre plot in the heart of the city. They pay taxes on like 50k agricultural value instead of the millions it's worth and drive up the prices of other lots because of it. They can speculate at no cost. Mind you, they sell the lots in .2 acre plots when they develop them and the new homeowner pays taxes on the full value of the plot + house.