4 ms·
The flipside is equally ridiculous. Consider the homeowner who happens to be located along a newly proposed subway line. They may see their home values double o
by sooheon 4y ago
The flipside is equally ridiculous. Consider the homeowner who happens to be located along a newly proposed subway line. They may see their home values double or triple as construction completes, without spending a cent on improvements--in fact purely on the public dime.
- deleted 4y ago[deleted]
- cma 4y agoSome places do it differently: https://en.m.wikipedia.org/wiki/Value_capture https://en.m.wikipedia.org/wiki/Value_capture
- sooheon 4y agoYep, I'm a believer in the two pronged approach of land value tax replacing all other taxes and reduced zoning restrictions. Henry George had the remedy over a century ago.