Comment Comment by cucumber3732842 >LVT is a tax on ownership of land - driving down land value, not up.This is comment is an exercise in lying with definitions. The N year carrying cost of the land is the same or higher even if the entry cost is lower.It's like a low down payment loan.The "value" of the land does not change. Only who captures it does. parent cucumber3732842 2 months ago
This is comment is an exercise in lying with definitions. The N year carrying cost of the land is the same or higher even if the entry cost is lower.
It's like a low down payment loan.
The "value" of the land does not change. Only who captures it does.