I can’t speak for Georgists, but one clear problem I see worth solving in my city is empty lots downtown. And decrepit, vacant commercial property. Our city has

I can’t speak for Georgists, but one clear problem I see worth solving in my city is empty lots downtown. And decrepit, vacant commercial property. Our city has a housing crisis. Speculators own these lots on the theory that they’ll be valuable later. Since property taxes don’t go up unless you build something, they don’t have any costs associated with this ownership, even as the need for development has grown more acute. On the other hand, significant property taxes are imposed on anyone who actually builds or significantly improves their property. You tax what you want to discourage. Our current tax system discourages development in general. LVT addresses this problem. In short, ad valorem taxes land+improvement and LVT just taxes land. Various tweaks that have been made to ad valorem systems could also be made to LVT and don’t constitute a difference between ad valorem and LVT. The objections you raise about how your neighbor’s development raises your taxes apply to both LVT and ad valorem tax regimes.