Detroit wants to be the first big American city to tax land value
www.economist.com
If you tax blight, will you get less of it?
  • Fried_out_Kombi@lemmy.worldOPMEnglish
    91·
    9 months ago

    Exactly, and it also discourages speculative landholding, rather encouraging people to actually use their land appropriately. Detroit especially has so much vacant land – much of it owned by the Illitch family – that you can clearly see it from google earth:

    As well as a crapload of downtown parking lots:

    Everybody works but the vacant lot.

    • HubertManne@kbin.social
      2·
      9 months ago

      I could see some sort of land discount if its either forested or well maintained and open to the public.