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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 shawabawa3 on Tuesday October 17, 2023 @06:42AM (#37913007)
> If you use a periodic market-based auction system (the only known way that could possibly yield accurate prices)

This system wouldn't work, because you would be measuring the property value not land value

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Re:Detroit wants to be the first big American city to tax la... by lend000 on Tuesday October 17, 2023 @01:49PM (#37918820)
Exactly, there's no way to separate the value of the land from the value of existing improvements.
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