Submitted by dropkickninja t3_zwvgd5 in vermont
Luckcu13 t1_j22p4jj wrote
Reply to comment by EpictetussutetcipE in Vermont lawmakers aim to make housing more available and affordable by dropkickninja
Sounds like reforming the property tax system to more heavily take land value into account over improvement value is a good step towards solving the issue, but I doubt this will be popular with Vermonters, since it heavily incentivizes development of the land, and makes losers of people who have owned recently valuable land for a long time but are too poor to develop it.
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