My first instinct is “yes” but then I thought about it and I think it’s just going to exacerbate the short-stay problem unless combined with other measures.

  • w2qw@aussie.zone
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    1 year ago

    Yeah that single tax movement has been around since the 1880s. Replacing all other taxes is maybe a bit extreme but pretty much all economists suggest increasing land taxes including our own Henry Tax review.

    However, completely removed in the digital age. Productivity does not require land anymore.

    If this was the case land wouldn’t make up the majority of “wealth” and we wouldn’t be having a housing crisis.