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On the other hand, vacant property generally is very common. http://www.vacantnewyork.com/ http://www.vacantnewyork.com/ Land value tax would fix this.
by Hammershaft 3y ago
On the other hand, vacant property generally is very common.
http://www.vacantnewyork.com/ http://www.vacantnewyork.com/
Land value tax would fix this.
- lmm 3y agoI'm all for land value tax, but it wouldn't fix things on its own. The main reason those vacant buildings aren't being converted to homes isn't because their owners don't want the money, it's because it would be extremely difficult to meet the code and zoning requirements (and even then, I don't think New York has by-right zoning rules, so you can meet all the requirements and still be turned down) to use them as homes.