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Re:Why is rent skyrocketing? by shkkmo on Tuesday August 23, 2022 @05:38PM (#32571903)
If someone inherits a single family house and don't view the property as providing enough value as a residence or rental to cover the land taxes, then they should sell the property or redevelop it at a higher density that better matches the value of the the land.

Of course land should be producing economic value. If it doesn't or thr value produced doesn't match the land's value, then something is wrong.

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