San Lumen wrote:Novus America wrote:
But again tall thin buildings actually are not taking up as much land. They are tall in thin so they take up less land.
That is how it works.
And those buildings generate property tax despite not actually using up very much land. How much time you spend in a place you always pay the same property tax. You pay the same property tax on your empty condo as you do when you live in it.
And again land value is not something you can hand wave away, I told you this already.
Land is a finite resource. Different land has different utility and desirability. All land is unique. Land is therefore not fungible.
Therefore land has value, and different values.
For something to have no value it would have to be infinite. And for something to have identical value it must be fungible.
See you should really try to listen and learn more than just repeating the same sentences over and over without address counterpoints.
why not just let rich oligarchs buy up all the available land and generate all the tax revenue? Dont built housing for anyone else. evict all the peasants.
Land is land. I dont see how its unique.
So an acre of lava rock fifty miles from the nearest building with electrical power and an acre in downtown Manhattan are the same?