The article points out that land value is intensely concentrated downtown, while outlying single-family areas typically have low land values. While this naturally results from agglomeration effects, isn't it also a partially an artifact of the low-density zoning itself?
Ie. if we implemented an LVT but also loosened zoning restrictions, the net development (and net taxes) on the single-family areas may well see the highest growth. The interaction between these two reforms performed simultaneously seems unclear.
Ie. if we implemented an LVT but also loosened zoning restrictions, the net development (and net taxes) on the single-family areas may well see the highest growth. The interaction between these two reforms performed simultaneously seems unclear.