West Coast baby
this post was submitted on 04 Oct 2023
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Anytime you have people living in dense, highly populated areas it will make nearby land a premium. High demand for land (and the resulting high prices) will result in high rent and high cost of living.
I'm not really sure how to fix this. You could have some government managed system for what businesses get the high demand land, but that will result in less popular stores being in the best locations and greatly incentivize corruption as businesses want highly profitable locations that can only be granted by politicians.
I have a lot of suggestions, but one that I think you'd find particularly interesting is land tax rates.
This video is 46 minutes, but it's the mayor of Detroit explaining why low taxes on land incentivize blight and abandonment instead of productive use.
https://www.youtube.com/watch?v=_A_Z96gZxIM