this post was submitted on 02 Jul 2024
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Pretty depressing reading.

[Edit] I had the archive link as a comment but this has gained enough traction that it's not obvious. Here it is again so you don't have to give FT any clicks https://archive.is/ypkln

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[–] [email protected] 6 points 4 months ago* (last edited 4 months ago) (1 children)

It is unfortunate that the building companies make more money by not building, than by building.

We need a progressive land/council tax. Hording land should cost you.

My favourite suggestion should be that tax levels are based upon a heat map of urban density, but also linked to area owned. It was a suggestion that came out of the US because they have problems with land hording in urban areas, spaces that are just a car park to act as a holding for land.

It would mean that ownership of inner city, undeveloped land and also owning large estates is penalised.

[–] [email protected] 7 points 4 months ago

I'm in favour of a Land Value Tax, this means hoarding land becomes expensive. It also means grouse moores and golf courses become expensive (good things in my mind)