That doesn't make a lot of sense. That's just increasing scarcity of lands. What that example means is that land that the apartment is built has minimum 20x mor

That doesn't make a lot of sense. That's just increasing scarcity of lands. What that example means is that land that the apartment is built has minimum 20x more value over each individual units. It would make sense if your argument is that $1m/unit, 50-150 floors tall, 500 units total apartments intended exclusively for young and current childless dual income investment bankers households, seen everywhere in developed cities such as NYC or Shanghai or Singapore or likes, is exactly the intention of LVT and desired steady state of land price inflation control, but I assume it's not?