And it's healthy for the market. A deed has no maintenance cost, and an unmaintained structure is a loss to potential owners. There needs to be some mechanisms to discourage unproductive hoarding of land. It's not like we can make more. Land has to filter back into the market somehow.
Some kind of ‘unimproved
Land tax’ with a progressive lower end cut-off/1 home exception, if there were lower taxes generally? In addition to tarrifs. That would be tolerable, and a vast improvement on what we have.
And it's healthy for the market. A deed has no maintenance cost, and an unmaintained structure is a loss to potential owners. There needs to be some mechanisms to discourage unproductive hoarding of land. It's not like we can make more. Land has to filter back into the market somehow.
Some kind of ‘unimproved Land tax’ with a progressive lower end cut-off/1 home exception, if there were lower taxes generally? In addition to tarrifs. That would be tolerable, and a vast improvement on what we have.