Re:Mansion Blocks Filled London with Stacks of Flats
by ethanbond on Wednesday November 22, 2023 @07:13AM
(#38378176)
No it’s the land that counts. Location, location, location.
That’s why we should tax land and not tax development. Then all the upside of building a particularly nice place goes directly into the pockets of the people who choose to build a particularly nice place, instead of 70% of the value going to the landowner regardless of what piece of shit gets built on it.
That’s why we should tax land and not tax development. Then all the upside of building a particularly nice place goes directly into the pockets of the people who choose to build a particularly nice place, instead of 70% of the value going to the landowner regardless of what piece of shit gets built on it.