What would a land value tax actually do?
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A land value tax is being considered as a potential solution to housing issues, with some arguing it could help address the crisis by targeting land ownership rather than property value. However, others have raised concerns that such a tax could have negative consequences, such as turning homeowners into a form of serfdom or forcing landlords to sell. The specifics of how a land value tax would work and who would be affected are still being discussed and debated.
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