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0 pointsloeg5y ago0 comments

You're describing a scenario starting with extreme zoning restrictions and then immediately lifting those restrictions. I don't think your predictions relate to a LVT at all — similar drastic development with varying height would happen in any desirable area with sudden change in zoning restriction.

Imagine instead that zoning restrictions were relaxed gradually.

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AnthonyMouse5y ago

Not really. If you only eliminated the zoning restrictions then the incentive to build much taller than average buildings would be reduced, and the taxes that had to be collected from owners of smaller buildings wouldn't change or could in fact be reduced as the new taller buildings pick up more of the tax burden.

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0 pointsloeg5y ago0 comments

Imagine instead that zoning restrictions were relaxed gradually.

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AnthonyMouse5y ago

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