Or the other way around: as a tax with a Georgist flavor. If your land has a value of $x/m^2 when free of zoning restrictions, but your neighborhood really want

Or the other way around: as a tax with a Georgist flavor. If your land has a value of $x/m^2 when free of zoning restrictions, but your neighborhood really wants to keep it free of noise / traffic / high buildings or high density, and as a consequence land value drops to $y/m^2, that is perfectly fine but it will cost you $x - $y each year.