On: Land value tax in online games and virtual worlds ...

[_nalply]

And that's the idea behind LVT: it tries to separate the use of land from its naked value. The corollary is that LVT shouldn't hinder the productive use of land.

[treis → _nalply]

>it tries to separate the use of land from its naked value

Which is effectively impossible to do because in modern times the value of land is almost entirely based on the use of that land.

[at_compile_time → treis]

The surface level parking lots downtown are worth a lot more than their use indicates.