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A comment on Land-value tax: Why Henry George had a point. Parent comment

Re:Land-value tax: Why Henry George had a point by cm2187 on Saturday October 24, 2015 @07:08AM (#10443202)
I agree but I don't think a tax would be needed where there is a strong housing supply crisis if planning restrictions are relaxed. Property developpers are already frenetically building residential skycrappers where they can in London.
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Re:Land-value tax: Why Henry George had a point by mrec on Saturday October 24, 2015 @07:37AM (#10443270)
You're not seriously holding up London as an example of a functioning housing market, are you?
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Re:Land-value tax: Why Henry George had a point by cm2187 on Saturday October 24, 2015 @07:56AM (#10443321)
I am merely suggesting that in the areas where there are little planning restrictions, the developpers do build the much needed housing supply.
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Re:Land-value tax: Why Henry George had a point by twic on Saturday October 24, 2015 @04:49PM (#10444814)
My point was that it's not enough to just build housing - you need to make sure the supply of public infrastructure increases accordingly. This is an existing problem in London, hence section 106 agreements and all that:

https://en.m.wikipedia.org/wiki/Planning_gain

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