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Ideally what I would like is a land value tax. This would result in a lot of current suburbs being redeveloped into something denser. It would still be possibl
by Ericson2314 1y ago
Ideally what I would like is a land value tax. This would result in a lot of current suburbs being redeveloped into something denser.
It would still be possible to live fairly far out in a single family home (where basically multi-unit buildings wouldn't "outbid" SFHers for the land / land rent obligation), but I suspect only the "true believers" would take this option.
To the extent one believes in markets acting fairly, this should be very fair. If people really do greatly prefer by and large SFHs, the value of land as apartments should be lower than expected: more people per land, getting value from the land, but getting less value because of the unpleasant nature of apartments.