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LVT. There’s a reason the law that GP states, that all public investment is eventually baked into rents, is called the Henry George Theorem. There’s no way ar
by ethanbond 3y ago
LVT.
There’s a reason the law that GP states, that all public investment is eventually baked into rents, is called the Henry George Theorem.
There’s no way around this, but with LVT at least society captures the returns on its investments instead of private landowners, which can then be reinvested e.g. in nicer public housing or public transit that allows a larger geographic area to participate in city life.