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by seanmcdirmid 1552 days ago
We could do what they do in Japan and deprecate housing as it ages. Very few people buy second hand properties, so a house is a liability that needs to be demolished vs land without one. It also helps if no one believes in property speculation because of a huge property bubble that burst in the 80s.
1 comments

You could institute a high LVT and get all the same mechanics without any of the enforcement overhead.