3min chapter

Narratives w/Will Jarvis cover image

88: Land Value Taxes with Joshua Vincent

Narratives w/Will Jarvis

CHAPTER

Is Zoning a Big Deal?

Zoning contrump land value. If we zoned that a pier to a million dollars, wich, the cit did a but it's still empty. The property tax that falls on that upzoned parcel, ok? Instead of 500 dollars a year, no exaggeration, you're going to be paying 25 thousand dollars a year. Now, if you've got 300 of these self, same parcels, all across the country, it's no big deal. But as long as the rate on tha land stays low, it can be up zoned.

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