Earlier quoted context omitted.
> No, land value tax only makes it more expensive to leave the property empty. It doesn't make anything else more expensive. Indeed, it makes it cheaper for a business to buy up an unused property, because the seller would rather sell at a loss than incur a sufficiently larger loss (land value tax) over time. You're disregarding everything I said. The problem is that "selling at a loss" is a much, much higher loss th…
> The problem is that "selling at a loss" is a much, much higher loss than the tax over time You don't know what the tax is, so there's no way that you can make that assumption. Like folks here are saying, we just make the tax enough that it's an even higher loss than that. > There effectively a land value tax on commercial property Commercial property isn't the issue here. We're talking about penalizing unused comme…
Unused commercial property is a subset of commercial property.
And you don't care that people lose their pensions. Ok. I think we're done here ...