Re:Redfin Economist says land value tax will fix the economy
by Retric on Tuesday June 21, 2022 @06:06AM
(#31822212)
That breaks down when your dealing with properties next to each other. The surrounding area can easily dwarf the difference a single property makes here.
Assuming all things where equal the lower population density one might be assessed at a higher LTV because it’s next to a higher population density and the higher population density one would be assessed lower because it’s next to a low population density one.
But the actual effect depends on many factors, being next to poor people generally lowers property values etc.
Assuming all things where equal the lower population density one might be assessed at a higher LTV because it’s next to a higher population density and the higher population density one would be assessed lower because it’s next to a low population density one.
But the actual effect depends on many factors, being next to poor people generally lowers property values etc.