> The correct solution to this is a land value tax, which if implemented correctly, should drive down the price of land down to zero Isn't most land already 't

> The correct solution to this is a land value tax, which if implemented correctly, should drive down the price of land down to zero Isn't most land already 'taxed' by a mortgage? Or for a cash purchase it is 'taxed' by the opportunity cost of the investment? Plus rates (taxation) for commercial land in my city are also expensive compared to cost. Yet these costs don't drive the price of land to zero.