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A comment on Priced out of home ownership – 'It makes me want to throw up'. Parent comment

Re:Priced out of home ownership – 'It makes me want to throw... by int_19h on Tuesday May 28, 2024 @08:55PM (#40507142)
Why not just have a progressive property tax, and use that money to fund local infrastructure as needed?

Or better yet just tax land heavily.

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Re:Priced out of home ownership – 'It makes me want to throw... by ethbr1 on Tuesday May 28, 2024 @10:52PM (#40507937)
Because property taxes are one step removed from builder incentives. Better to directly adjust builder housing price choices, at least for intents of building less luxury housing.
[ Parent | on HN ]