3 ms·
This is basically what Georgism [1] aims to solve. I don't think it's only a matter of imposing a land value tax, though. I think government regulations like z
by least 4y ago
This is basically what Georgism [1] aims to solve.
I don't think it's only a matter of imposing a land value tax, though. I think government regulations like zoning and poorly thought out housing code impede development the most. A developer would rather profit off their land. A land value tax incentivizes development from the back but you have to remove the barriers from the front as well.
[1] https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/Georgism