That might be. But honestly, anything is better then a parking lot. And going from a property tax to a land value tax is much preferable. > With a land value t

That might be. But honestly, anything is better then a parking lot. And going from a property tax to a land value tax is much preferable. > With a land value tax we are basically telling landowners that they aren't allowed to build and also they will be taxed for not building. Stop hitting yourself! Stop hitting yourself! Ok, and with the current system you hurt the people who have managed to build things even more. Its not like actually impossible to make something productive with your land. Land value tax, any way you look at it, is fairer and better for society then property tax. But yes, regulation are also a problem. But just because bad regulation exists, shouldn't mean you should not improve the tax system.