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Spooky23 8 hours ago

LVT is the online forum dream.

Land is worth money because of improvements or detrimental choices. Manhattan and Staten Island have dramatically different valuations because of what’s there.

California needs a sane taxation system that doesn’t allow squatters to pay nothing for property taxes, but harshly punishes new homeowners.

triceratops 6 hours ago | parent [-]

> Land is worth money because of improvements or detrimental choices

It's worth money because of what's around the land. Otherwise identical houses in different locations would sell for the same price.

Spooky23 4 hours ago | parent [-]

Only in LVT fantasy land.

Improvements represent applications of labor and capital that produce value.