40. Studies have confirmed the common wisdom that people who live in cities do more walking than those who live in suburban and rural areas, and tend to be in better shape. What economic policies might help promote the kind of density that will encourage the development of affordable housing -- for people all across the income spectrum -- near the centers of activity?
A. Land value taxation, which will cause urban landholders to put their underused land to better use, replacing vacant lots and obsolete buildings with taller modern buildings, approaching the highest and best use for that land.
B. Land value taxation, which will capture the increases in value that are the result of public investment in new transportation systems: subway stops, bus stops, etc., instead of leaving it to raise the selling price of sites served.
C. Land value taxation, which produces the kind of density that makes public transportation systems feasible.
D. Land value taxation, which will allow people who would like to live closer to their work to afford housing there
E. LVT, which will bring down the selling price of land -- without reducing its value at all -- to make it appealing to developers who can put it to use
F. LVT, which will allow people to afford housing with smaller and shorter mortgages to live where they want to live.
G. Your suggestions?
Comments