4min chapter

Odd Lots cover image

Daryl Fairweather On the Tax That Could Solve the Housing Crisis

Odd Lots

CHAPTER

Land Taxes in the US

Land value tax imbedded within the property tax, so i think we alreaty haven't some effect. How high could it go where people still feel like they own their land? If you are extracting some of the wealth and puttig it into the public coffer, then people won't have their house as an asset any more. I was in austen just a couple months ago, and every single apartment building that was over two decades old was being remodelled. And that's what you would do if you have a high property tax. When you see that your property tax bill is about to go upase home values have gone up, you really are motivated to improve

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