08-15-2018, 09:29 PM
(08-15-2018, 07:56 PM)Chicopee Wrote:(08-14-2018, 10:11 PM)tomh009 Wrote: We cannot dictate to the owners of private properties that they must build something. We can try to encourage, but we can't force them.
Never did I suggest that we could or would dictate what property owners can do.
Right. So if the owners of vacant land don't want to build, or sell at a reasonable price, developers will redevelop existing properties.
Me, I would like to remove the property tax discount for vacant land, to remove that disincentive to development. (The latest Economist goes further, proposing taxation based strictly on land value, and completely exempting the buildings themselves. With this idea, land would be taxed exactly the same whether it has a parking lot or a condo building.)