I mean, it might be that there’s an empty lot outside your own home that could use some houses built on it but no one does because it’s easier to pay a pittance

I mean, it might be that there’s an empty lot outside your own home that could use some houses built on it but no one does because it’s easier to pay a pittance for taxes and leave it sit until it’s worth more. There are many cases where land could be put to better use but it’s not. A few people might get priced out of an area, but they’ll be able to sell their land and buy something elsewhere easily. The downside is certainly there but I think the upsides outweigh those.