[Anticlockwise]

Well, the Georgists argue that a LVT plus developer friendly laws would prevent prices from rising too high. LVT taxes the value of the land, not the property, so if you have expensive land (somewhere people want to be), you're incentivized to build densely to earn profit from it.

It's not clear to me that's sufficient. You may also need something like a property profit tax to reduce speculation on housing.