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The term is an anthropomorphised pseudoexplanation for what it actually refers to. It's akin to calling genetic mutation "the forces of evolution", or price negotiation "the invisi…

Whether carrying cost is higher or lower depends on the taxation LVT is substituting and the counterfactual utilisation of the land. In practice it is usually lower in rural and su…

You may be confusing LVT with property transfer tax? LVT is a tax on ownership of land - driving down land value, not up. In practice it disincentivises investment in land (rent-se…