[tzs]

> Its primary purpose is to encourage efficient use of land

"Efficient" by one specific measure--how much money you can make from the land. But who says that's the best measure to guide land use?

[yeos_]

Land ownership currently also encourages making the most money from the land, but an LVT makes speculative holding more expensive encouraging landowners and developers to actually utilize the land effectively in urban spaces.

What do you propose is the best measure to guide land use and what policies can be put in place to align those principles?