All that may be true, but in terms of housing costs the zoning and development issues aren't in agricultural land, they're in cities and suburbs.
If lead is suitable for feeding people, presumably we'd like to keep doing that.
If lead is suitable for feeding people, presumably we'd like to keep doing that.
Were land made into more of a liability the lobbying to inhibit development to keep land values up (zoning/nimbyism) would end up being pointless and would probably dry up.
Those SF homeowners who want to keep their area "single family homes only to preserve the feel of the area" are simply trying to inhibit development to keep the value of their leveraged investment stable.
Flip the switch to turn land into a financial liability and all that ends along with the land hoarding that has inhibited property development for decades.
It would have to be done nationally, though - and that would mean, among other things, deliberately crashing Bill Gates' agricultural land investments.
I'm assuming Gate's immense holdings in land, big pharma, the WHO etc is less altruistic, more long term political control and profit driven.
i'd disfavor a national LVT however, as i disfavor more power being concentrated in fewer hands. it should be a state level concern at most.