On: Consultants: the real reason it costs so much to b...

[pydry]

That's why those landlords need to be taxed more : so they lose a great deal of money if they don't rent.

(if they sell up because they can't stomach the taxes, reducing home prices that is also a positive outcome)

[londons_explore → pydry]

Landlords taxed too much for vacant properties would just knock the property down and keep the land. Then later, when they want to recoup their investment, they rebuild.

Most properties it isn't the building that is valuable, but the inner city land where one can build a building.

[pydry → londons_explore]

>Landlords taxed too much for vacant properties would just knock the property down and keep the land.

Unless that was what was taxed.

>Most properties it isn't the building that is valuable, but the inner city land

Precisely my point. If you slap taxes on land you increase the available supply.