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A comment on Empty storefronts are killing neighbourhoods. Parent comment

Re:Empty storefronts are killing neighbourhoods by chrisseaton on Saturday July 24, 2021 @09:17AM (#27940684)
> Presumably the vacancy tax would be tied to the value of the property.

> increases every month

It can't be both things at the same time.

And who's setting this land value? If it's on the market and nobody's buying then we don't know the value.

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Re:Empty storefronts are killing neighbourhoods by robinson7d on Saturday July 24, 2021 @11:49AM (#27941893)
Why can’t it be both? Could have a logarithmic scale, could have it increase by a fraction of a % of $(value - currentTax) so that it increases more slowly over time.

Not saying I agree with the underlying idea, just confused about why “increases ever month” necessarily means it cannot be “tied to the value of the property” in a `calculateTax(propValue, timeEmpty)` sort of way.

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