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Tying ownership to a market determined LVT has been my goto. That is, when “buying” land you don’t bid on the one time transaction, instead you directly bid on
by CuriousSkeptic 2y ago
Tying ownership to a market determined LVT has been my goto. That is, when “buying” land you don’t bid on the one time transaction, instead you directly bid on the rent.
In practice it could perhaps be implemented such that it would still look like the current market where a private bank loan determines the rent, only you shift the loan to a central bank like institution for collecting on it as rent.