And of course you would fall in this demographic, amirite? Fuck the poor, don't mess with the salaries of the rich.
> building tons of extra housing and bankrupting private equity groups
They'd just continue to buy up that new housing. This can't change without taxing the land value.
Yes it can. Bar corporations from owning residential real estate. Taxing land value will just cause an exodus into hellhole suburbs.
Shall we all wait for covid20 to wipe out enough people that the housing supply overwhelms demand and prices drop?
Land value taxes and Georgism in general are utopian nonsense that have never done any good anywhere at any time. People love to trot them out as solutions to the housing affordability problem but can never show how they would help -- because they can't help!
Building more housing is the only solution, everyone knows it, and weird pie-in-the-sky stuff like land value tax are distractions that ought to be ignored.