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A comment on Dutch cities want to ban property investors in all neighborhoods. Parent comment

Re:Dutch cities want to ban property investors in all neighb... by pydry on Sunday September 05, 2021 @09:21AM (#28424160)
That's essentially my point. A house in the city center which consumes the same amount of land as an apartment block would face the same tax bill.

Who would want that house with that tax bill?

[ Parent | on HN ]
Re:Dutch cities want to ban property investors in all neighb... by imtringued on Sunday September 05, 2021 @11:38AM (#28425120)
The bill is high because people are willing to pay it. If the neighboring properties are 3 story multifamily buildings then this one will be upgraded to a 3 story building as well.
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Re:Dutch cities want to ban property investors in all neighb... by merrywhether on Sunday September 05, 2021 @10:44AM (#28424687)
Someone who wants to demolish it and turn it into an apartment building! That’s literally the point of LVT: incentivizing increasingly efficient usage of land in high-value areas.
[ Parent | on HN ]