Comment by delecti
21 hours ago
> sell to anyone at claimed value + 10%
But the point of LVT is that it doesn't include the value of the stuff on the land. A house can easily be worth more than 10% of the land it's on, my house is valued at about twice that of the land, or 20x what your plan would require me to accept for the house.
No comments yet
Contribute on Hacker News ↗