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Re:Detroit wants to be the first big American city to tax la... by tedk-42 on Tuesday October 17, 2023 @07:00AM (#37913120)
Land specifically has uses (people live there, grow stuff, build a business on top of, have community things like a park etc).

Most people won't care about some Rolex that someone around the world is willing to pay $100K for.

Land has purposeful value rather than just 'worth'

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