Im not sure how it would be possible to directly outlaw speculation (pretty much anyone who buys a house would be suspect), but LVTs are a way to change the incentive structure of landowning to ensure it can’t occur at all, while also funding the government (or a UBI).
Im not sure how it would be possible to directly outlaw speculation (pretty much anyone who buys a house would be suspect), but LVTs are a way to change the incentive structure of landowning to ensure it can’t occur at all, while also funding the government (or a UBI).