You are right we have a stupid set up, but actually there is an easy way out: a lot of SFH get turned into dense apartments, and a lot of homeowners get rich a

You are right we have a stupid set up, but actually there is an easy way out: a lot of SFH get turned into dense apartments, and a lot of homeowners get rich as hell because they own the land. We should have a LVT, so the landholders don't get too rich, but it can be a bit lower than ideal (which would mean that conversion to apartment is break even because future earnings - cap ex and taxes net out)