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A comment on Silicon Valley's housing crisis, in one sentence. Parent comment

Re:Silicon Valley's housing crisis, in one sentence by pjlegato on Tuesday June 07, 2016 @05:05PM (#11857826)
One way is to eliminate property taxes altogether and shift revenue to sales tax, payroll tax, VAT, or other non-property tax sources.
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Re:Silicon Valley's housing crisis, in one sentence by nwah1 on Tuesday June 07, 2016 @05:13PM (#11857906)
Except that taxes on land value have no deadweight loss, unlike all those others. And property taxes fall heavily upon land values.
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Re:Silicon Valley's housing crisis, in one sentence by pjlegato on Tuesday June 07, 2016 @05:15PM (#11857924)
The question was simply about how it could be guaranteed that grandmas can't be priced out of their own houses in conditions of sharply rising property values, not about optimal tax structure in general.
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Re:Silicon Valley's housing crisis, in one sentence by hx87 on Tuesday June 07, 2016 @05:21PM (#11857971)
Quite simple, really--allow grandma to take full advantage of rising property values by adding apartment units to her existing house.
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