so you want to penalize people who already own land by cratering the value they can sell it at? why?
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take assets out of the hands of people who are capitalized and have a good track record, and put them into the hands of people who are undercapitalized and have a bad track record stunningly bad idea
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Here's the only way I've seen this happen. Out of town buyers see commodity prices going way up. Start buying land, renting it out. Works for a while, eventually commodity prices go down and their return sucks, or even worse, it doesn't pay for itself (especially if lent on)
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