Fried_out_Kombi@lemmy.worldM to Yes in my backyard!@lemmy.worldEnglish · 1 year ago[article] Land value tax could make housing more affordable | Toronto Starwww.thestar.comexternal-linkmessage-square3fedilinkarrow-up16arrow-down10cross-posted to: [email protected]
arrow-up16arrow-down1external-link[article] Land value tax could make housing more affordable | Toronto Starwww.thestar.comFried_out_Kombi@lemmy.worldM to Yes in my backyard!@lemmy.worldEnglish · 1 year agomessage-square3fedilinkcross-posted to: [email protected]
minus-squareFried_out_Kombi@lemmy.worldOPMlinkfedilinkEnglisharrow-up1·1 year agoHere’s a video explaining the important difference between property and land value taxes: https://youtu.be/gJqCaklMv6M?si=2lAbz5NEc1Fqfk0y TL;DW: Property taxes disincentivize development and enable land speculation, while land value taxes disincentivize land speculation and incentivize development.
Here’s a video explaining the important difference between property and land value taxes: https://youtu.be/gJqCaklMv6M?si=2lAbz5NEc1Fqfk0y
TL;DW: Property taxes disincentivize development and enable land speculation, while land value taxes disincentivize land speculation and incentivize development.