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And that's the idea behind LVT: it tries to separate the use of land from its naked value. The corollary is that LVT shouldn't hinder the productive use of land
by _nalply 2y ago
And that's the idea behind LVT: it tries to separate the use of land from its naked value. The corollary is that LVT shouldn't hinder the productive use of land.
- treis 2y ago>it tries to separate the use of land from its naked value Which is effectively impossible to do because in modern times the value of land is almost entirely based on the use of that land.
- at_compile_time 2y agoThe surface level parking lots downtown are worth a lot more than their use indicates.