this post was submitted on 02 Nov 2023
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Land value tax would apply regardless of if it is developed or not. Therefore people who hold land would be encouraged to either develop it, rent it or sell it - resulting in less vacant homes, more developed property and increased land surplus (therefore lower value of land).
isn't this a good outcome? You and the authors are arguing for the same thing, a land value tax. I don't understand where the disagreement is
I think we might be