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A comment on Liberalizing Land Use Regulations: The Case of Houston (2020). Parent comment

Re:Liberalizing Land Use Regulations: The Case of Houston (2... by erentz on Monday May 03, 2021 @06:17PM (#27031552)
NJ has the highest property tax (I think). Note it’s property tax not land value tax so while it has some effect on real estate prices it doesn’t quite create the same incentive for more efficient land use.
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Re:Liberalizing Land Use Regulations: The Case of Houston (2... by nine_k on Monday May 03, 2021 @06:30PM (#27031684)
I'd say it may have an inverse effect.

Build a nice house on your lot, pay a ton every year.

Stay in a shack on that same lot, save a ton every year.

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Re:Liberalizing Land Use Regulations: The Case of Houston (2... by Ericson2314 on Monday May 03, 2021 @07:21PM (#27032166)
The value of the land still counts towards the total property value, so it's not an inverse effect, but it does decay the more is built until there's no marginal incentive one way or the other.
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