4 ms·
have you seen the cost to build a building lately?
by coding123 3y ago
have you seen the cost to build a building lately?
- Scoundreller 3y agoIn theory, the underlying land value should go down if only the cost of construction went up.
- adql 3y agoSounds like baseless theory
- lotsofpulp 3y agoThe theory requires appropriately high land value taxes. If land owners can simply hold onto land for cheap, and let the rest of society pay disproportionately more for their land’s security via cops and courts, then they are under no rush to sell.