3 ms·
I wonder if this could be solved with a local maxima. Let the established landowners keep a (much smaller) benefit to align incentives. Spitballing... I wond
by jayd16 2y ago
I wonder if this could be solved with a local maxima. Let the established landowners keep a (much smaller) benefit to align incentives.
Spitballing...
I wonder if it could be balanced to give an LVT discount for holding on to land for 5+ years or some such thing. In this system, we still have reduced land prices because of LVT but there's still a benefit that old money has over the default and can clutch tightly to. Suddenly, long term owners have an incentive to keep such a system else they be set at the same level as new owners.
- at_compile_time 2y agoThat would be a disincentive to land ever being sold and I don't think we want that. It's gameable too: you just have one entity own the land, and then rather than buying and selling the land, you just buy and sell the entity.
- jayd16 2y agoThat's all fine because we're still in a world where LVT is above zero even while gaming it.