4 ms·
In expensive areas (ie, cities that are popular), it does not encourage single family construction. Rather, it includes packing as many units onto property as
by monknomo 4y ago
In expensive areas (ie, cities that are popular), it does not encourage single family construction. Rather, it includes packing as many units onto property as feasible.
That doesn't preclude ownership - condos and co-ops work as well as apartments.
Out in the boonies a land value tax wouldn't discourage single family, because the land is not valuable (in comparison to a city).