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Strong Towns: Property Tax vs. Land Value "Tax" (LVT)

John Snow · explainer · Watch on YouTube

Transit, cities & urban planningMicroeconomics & behavioral economicsInvesting & personal finance

What it is

Chuck Marohn of Strong Towns explains how a land value tax differs from an ordinary property tax, why it makes economic sense, and why it is rarely used. It is a short six-minute explainer.

Why Hacker News recommends it

Pointed to as a concise explanation of land value tax and its effect on city finances.

  • 2 people recommended it
  • 2 different months
  • 0 strong recommendations
  • first 2017, last 2022

What HN commenters said

  1. “explains how a Land Value Tax would affect the fiscal situation of a city”

    Explains how a land value tax would improve city fiscal situation.

    bufordsharkley, 2017-01 · Recommendation · in “Why Many Cities Have No Money”

  2. “Check out this Strong Towns video for an explanation about both taxes and how they differ”

    Explains how land value tax and property tax differ.

    emmateapot, 2022-06 · Recommendation · in “The Tax That Could Solve the Housing Crisis”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: land value tax, property tax, georgism, strong towns, urban finance

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