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A comment on Detroit wants to be the first big American city to tax land value. Parent comment

Re:Detroit wants to be the first big American city to tax la... by phkahler on Monday October 16, 2023 @08:40PM (#37908724)
But who gets to decide the best use? It seems like everyone but the owner.
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Re:Detroit wants to be the first big American city to tax la... by Gigachad on Monday October 16, 2023 @08:49PM (#37908813)
The market.
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Re:Detroit wants to be the first big American city to tax la... by latency-guy2 on Monday October 16, 2023 @11:01PM (#37910039)
The government is not the market.
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Re:Detroit wants to be the first big American city to tax la... by Gigachad on Monday October 16, 2023 @11:06PM (#37910067)
The government doesn't set the lands market value
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Re:Detroit wants to be the first big American city to tax la... by lalaland1125 on Monday October 16, 2023 @08:49PM (#37908816)
The market does by pricing the land at a certain value
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Re:Detroit wants to be the first big American city to tax la... by itishappy on Monday October 16, 2023 @08:53PM (#37908859)
Yes the owner. Who else? They own it.

Edit: Was the stress on "decides" or "best"?

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Re:Detroit wants to be the first big American city to tax la... by epistasis on Monday October 16, 2023 @11:19PM (#37910157)
It is only the owner who gets to decide the best use, whatever they want! But the land value is determined by what others are willing to pay to no longer be excluded from the area, or to be given a spot in the area.
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