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Sure there's an argument to tax real property, but the argument doesn't seem to attach to the policy goals of making housing available for ownership by prospect
by the_optimist 4y ago
Sure there's an argument to tax real property, but the argument doesn't seem to attach to the policy goals of making housing available for ownership by prospective occupants.
- hn_throwaway_99 4y agoLand value taxes make it much more expensive to have lots of land with relatively small amounts of building improvements (e.g. a single family home on an acre lot). They lead to increases in density (i.e. more housing) because there is stronger incentive to build more living units on smaller pieces of land.