Earlier quoted context omitted.
Henry George has better land value models. I truly believe california has it all wrong talking about housing: people asking for more construction don't understand what is going on when they campaign for that, and people that complaing about boards also dont understand it. California does not need housing reform, it needs tax reform.
I became interested in Georgist tax models a few years ago but at one point I came across something that didn't seem to be Georgist exactly but perhaps a later modification that seemed terrifying. The idea was that you were responsible to tell the tax authority what the taxable value of your land was. The catch was that anyone could come and (forcibly?) purchase the land at that price. It struck me as an incredibly d…
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