We Have Plenty of Land in the United States. But Can All of It Support Housing?
Upzoned
What Are You Talking About?
There's the huge public subsidy. Huge public subsidy. Here's the cost outside the city. Okay. Your property is now going to be worth this much when you come in, but all of that is going to be because of the additional investment which you have now paid for. We then switch you over to the land tax because now you're in the city. There's this investment. The public's interest is in making sure that there's enough tax base here to sustain that investment and you switch over to a land tax. And so your taxes are going to go up substantially the day you enter into the city substantially go up 10 times or 20 times. These are all bad development strategies,
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