The U.K., the US, Canada, Australia. We all have similar land use regimes, orientations toward property. It's the same affordability crisis.https://twitter.com/nytimes/status/859633949907320833 …
Why would he buy a parcel of land for $3M if he could only sell it effectively for $2M?
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the effect of the tax (at whatever % it would be at) would be priced into whatever you acquire the land for.
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