3min chapter

Narratives w/Will Jarvis cover image

88: Land Value Taxes with Joshua Vincent

Narratives w/Will Jarvis

CHAPTER

Is That What You're Saying?

When a city comes into decline, it basically gets this additional kind of head wind on it as people just buy land. And thenif, if, if the building on it burns down, like they pay even less property tax. So the ike, and they might as well hold on to it, because it's so cheap. It'll, you know, on the off chance it'll go up in value in ten years, it'll have been a smart investment now. That just keeps anyone from coming back ad improving things.

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