4 ms·
I've never liked the term "unimproved", since it makes people think of rich soil, mineral resources, water access as the only things that increase land value.
by orthoxerox 3y ago
I've never liked the term "unimproved", since it makes people think of rich soil, mineral resources, water access as the only things that increase land value.
It's easier to think about it as the tax on the improved value of all other lots except your own.