Re:Letter from a Young Distributist: Georgism and Distributism
by TimPC on Friday April 29, 2022 @10:16AM
(#31205417)
I live in Ontario which doesn't have prop 13 and I think development is still far from straightforward or simple. We do see some condo development but I'm not sure how much not having a prop 13 like policy has to do with it. It's almost impossible to measure this given the difference between regions extends far beyond a single tax law.
You already see this in areas that don’t prop 13 tax rates - as land values rise the land gets redeveloped.