Detroit wants to be the first big American city to tax land value
www.economist.com
If you tax blight, will you get less of it?
  • HubertManne
    13•9 months ago

    This seems great actually as I would think it would incetive high density construction. The less land to building ratio the less tax.

    • @Fried_out_KombiOPMEnglish
      8•9 months ago

      Exactly, and it also discourages speculative landholding, rather encouraging people to actually use their land appropriately. Detroit especially has so much vacant land – much of it owned by the Illitch family – that you can clearly see it from google earth:

      As well as a crapload of downtown parking lots:

      Everybody works but the vacant lot.

      • HubertManne
        2•9 months ago

        I could see some sort of land discount if its either forested or well maintained and open to the public.