
Does Georgism Work? Is Land Really A Big Deal?
Astral Codex Ten Podcast
00:00
The Land Value Assessment Hasn't Changed at All!
Property tax records show that the assessed value of properties has not budged in ten years. Agencies that don't collect much property tax don't have strong incentives to strive for accurate sessments. This creates a vicious cycle where official statistics are severely depressed, and those same statistics are then used as proof that land just isn't a big deal.
Transcript
Play full episode