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Joined 2 years ago
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Cake day: July 1st, 2023

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  • Ok so the idea is we want high density land development to be cheaper relative to low density land development to encourage urban living?

    It’s still unclear to me why land value tax vs property tax is different in this scenario.

    If the land surrounding an underdeveloped parcel rises in value, so too does the property tax. Do you mean that we should decrease the tax on improvements? I think this can be done with taxation based on things like number of tenants or businesses (less tax for more density). Otherwise you just end up with lower density luxury condos everywhere.

    And by economically optimal, do you mean optimal for the most people or for the most profit? These often differ.










  • Because consumers have shown to prefer features over reliability:

    French Door refrigerators are the most popular and most complex design.

    Built in ice makers are popular but also complex and prone to failure due to physics.

    They still sell very basic refrigerators and washer/dryers. But these don’t sell as well as more feature rich models.