Lars Doucet on How to Reduce the Cost of Rent
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Lars Doucet on How to Reduce the Cost of Rent
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Lars Doucet is the President of the Center for Land Economics and the writer behind the Substack "Progress and Poverty." Lars is a Georgist, which means he believes that land is fundamentally different from other forms of property. From his point of view, we shouldn't be taxing what people build, earn, or produce—we should be taxing the value of the location itself.
In this episode, I got a chance to speak with him about the concept of a land value tax (LVT): why it reduces rent costs, how it can increase government revenue without decreasing productivity, and the extent to which an LVT is compatible with the YIMBY movement.
Show Notes
civicmapper.org
"The Happiness Hypothesis: Finding Modern Truth in Ancient Wisdom" by Jonathan Haidt
"The Land Trap: A New History of the World's Oldest Asset" by Mike Bird
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