2 ms·
That statista link is maybe the wrong one? I don't see anything in there stating that the majority of Americans live in apartments. > You realize any increase
by rcpt 4y ago
That statista link is maybe the wrong one? I don't see anything in there stating that the majority of Americans live in apartments.
> You realize any increase in cost is passed on to the tenants. How does that help affordable housing?
This is 100% totally wrong. The concept you're reaching for is called tax incidence. In the case of Land Value Tax it's fully the burden of the landowner.
Here is a mountain of data backing me up: https://gameofrent.com/content/can-lvt-be-passed-on-to-tenants https://gameofrent.com/content/can-lvt-be-passed-on-to-tenan...