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If that were true it would not be the case that Detroit will be the first to do it. Land Value Taxation is a concept with a history going back to the Gilded Ag
by glompers 3y ago
If that were true it would not be the case that Detroit will be the first to do it. Land Value Taxation is a concept with a history going back to the Gilded Age when someone realized that NY's prosperity was in fact related to its higher levels of homelessness, and that that was due to the land rents that were free-riding on the economic production of the urban area, as they do to this day.
- developer93 3y agoI didn't completely understand that, could you elaborate or rephrase maybe with an example? If you have time. Sounds interesting.