Queen's University in Kingston, Canada.
Tilting tax rates to favor improvements at the expense of land increase the intensity of land development when all other factors are held constant. The policy can increase land values when it is applied to a small portion of a housing market and can reduce land values when applied across the entire housing market.”
The evidence indicates that LVT may not be the golden key, but it does appear to offer an effective tool for encouraging development in some central city areas.”
The Consequence of Taxing Land Value
Land Value Tax