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A comment on The end of landlords: the surprisingly simple solution to the UK housing crisis. Parent comment
Land taxes are not arbitrary, it's a way of generating revenue from the single most important shared resource.
> Also, raising taxes just raises costs for renters.
Landlords usually have more pricing elasticity than renters, therefore taxes will have a depreciating effect on housing prices.
> The solution to housing affordability is building more housing.
Don't disagree
> don't try to fight against market forces
Increasing supply and using supply more efficiently are both important
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Land taxes are not arbitrary, it's a way of generating revenue from the single most important shared resource.
> Also, raising taxes just raises costs for renters.
Landlords usually have more pricing elasticity than renters, therefore taxes will have a depreciating effect on housing prices.
> The solution to housing affordability is building more housing.
Don't disagree
> don't try to fight against market forces
Increasing supply and using supply more efficiently are both important