[davidw]

LVT taxes the land. If you have 1 unit on 1 acre... it's going to pay the same amount in taxes as 10 units. So it's an incentive to use the land intensely enough in order to pay less in taxes.

[Gigachad]

Wouldn't high density living also explode land value though?. The block of land I live on would be worth $10M+.