[ForHackernews]

All the landlords I know are really whiny that they have to actually maintain their properties and provide services to their customers. They seemed to assume they could just get free money for owning a building. I've suggested they sell their multimillion dollar asset and retire or go get a job, but they don't seem to want to do that.

At any rate, the point of the land-value tax is that it would encourage land owners to build larger and better improvements on their property, instead of just holding the land and waiting for its price to increase. Think building a high-rise apartment building instead of leaving it as a parking lot.