@Fried_out_KombiM to Yes in my backyard!English • 1 year ago[article] Land value tax could make housing more affordable | Toronto Starwww.thestar.commessage-square3arrow-up17arrow-down10cross-posted to: justtaxland
arrow-up17arrow-down1external-link[article] Land value tax could make housing more affordable | Toronto Starwww.thestar.com@Fried_out_KombiM to Yes in my backyard!English • 1 year agomessage-square3cross-posted to: justtaxland
minus-square@Fried_out_KombiOPMlinkEnglish1•1 year agoHere’s a video explaining the important difference between property and land value taxes: https://youtu.be/gJqCaklMv6M?si=2lAbz5NEc1Fqfk0y TL;DW: Property taxes disincentivize development and enable land speculation, while land value taxes disincentivize land speculation and incentivize development.
Here’s a video explaining the important difference between property and land value taxes: https://youtu.be/gJqCaklMv6M?si=2lAbz5NEc1Fqfk0y
TL;DW: Property taxes disincentivize development and enable land speculation, while land value taxes disincentivize land speculation and incentivize development.