Detroit wants to be the first big American city to tax land value

Re:Detroit wants to be the first big American city to tax la... by ItsMonkk on Monday October 16, 2023 @11:27PM (#37910206)

And what is your take on when Minneapolis voted to allow multi-family units[0] and rents dropped[1] relative to other cities? Shouldn't those new units have brought higher land values, and with it higher rents?

[0]: https://archive.ph/7oCO6

[1]: https://archive.ph/lO8xY

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Re:Detroit wants to be the first big American city to tax la... by s1artibartfast on Tuesday October 17, 2023 @12:35AM (#37910676)

rents =/= land value.

you can put a duplex or quad-plex on a parcel and have much lower rent, but higher parcel land value.

If you are a homeowner who wants lower land value tax, you should fight tooth and nail to prevent higher density zoning,

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Re:Detroit wants to be the first big American city to tax la... by eru on Tuesday October 17, 2023 @01:20AM (#37910908)

You would want higher density zoning in all the other neighbourhoods across town, I guess?

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