Excited to be working on a new approach to a land value tax that would be legal in WA state.
Tax buildings less and land more and you'll get more new buildings and less vacant land.
It's a non-zoning solution for mitigating the housing shortage, and it's value capture done right.
A new report modeling a property tax building exemption in Spokane rebalances incentives toward community goals, encouraging homebuilding and discouraging in-city vacant land speculation.