Mine’s that people who insist on correcting others grammar on internet forums are little shits who peaked in grade six as a teacher’s pet and get off on exerting their “superiority” on others.
Fuck you “less than” is just better than “fewer then.” Think I’m wrong, tell me what these symbols are called “< >” that’s what I thought loser.
You misunderstand how the tax works. It’s only on the land. The buildings on it have no impact on the monthly tax amount. That’s why it’s beneficial to densify the land, because then that amount is split between all of the people who live there (or among multiple businesses using it)
The whole rich capturing it all can’t really happen. They can’t actually profit from it sitting there, it all has to be used efficiently or it loses money. People wanting a house don’t have a problem paying for it every month.
If they try to monopolize all the rents (which would be prohibitively expensive) then the government can simply step in and force a sale because its their land and prevent certain groups from bidding on it. Instant monopoly break, or rather the government is the one with the monopoly.