Hacker News new | ask | show | jobs
by kiba 193 days ago
Drive down the price of land to zero via taxation and you cannot use that home to reduce your income need from retirement. It will force them to sell the property to make way for further development, since the cost of land is no longer so high that you need to borrow money from the bank to purchase land, only to pay the ongoing taxes.
1 comments

Do you believe this is likely to happen? If so, when? 5 years? 10 years?