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I'll be the LVT guy https://en.wikipedia.org/wiki/Land_value_tax https://en.wikipedia.org/wiki/Land_value_tax

• deleted 4y ago
  [deleted]
• pas 4y ago
  The thread was started by Lars who wrote a book on LVT recently but apparently did not want to mention it :D https://twitter.com/larsiusprime/status/1571947781874454533 https://twitter.com/larsiusprime/status/1571947781874454533
• throwaway22032 4y ago
  Yeah, you could do that. Personally I don't want to live in a society in which homeownership is not possible. I could get behind an LVT on holiday homes, second parcels of land, etc. I wouldn't like it, but I can see why it may be needed. But a primary residence being subject to an annual tax which can change and outstrip the ability of the owner to pay just means that there's no meaningful way to build stability. I think that's a pretty awful side effect of a flat LVT on everything; I'm invested in my neighbourhood and improving it based on the fact that it's actually mine for life (rather than being temporarily mine).
  • maccam94 4y ago
    How stable should property ownership be in an area experiencing growth? I think this could be tunable with short term price increase caps that expire 5-10 years out, and reset when the property is sold or the owner starts paying the full market LVT again.