Re:Some arguments against a land value tax (2024)
by scyclow on Friday July 11, 2025 @04:07PM
(#44536342)
Let's be real: if this scenario unfolded today, your land would be worth more as housing/infrastructure/commercial/etc. than as farmland, some real estate developer would buy it from you, and you'd make a lot of money without having to do anything. If there was a 75% LVT then you'd just make less money.
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Re:Some arguments against a land value tax (2024)
by seanalltogether on Friday July 11, 2025 @06:19PM
(#44537343)
The reason I brought up this argument is because this exact scenario is happening all over the UK and Ireland right now. One of the houses my wife and I looked at purchasing was built about 20 minutes outside Belfast on old farmland that was converted into a new housing estate. The farms surrounding this housing estate have been incorporated into a new village.