I feel like this is already possible through homestead exemptions. You can even extend this to higher density rental complexes (more incentive for an apartment complex to be fully occupied). Unfortunately this exemption is tiny in some places.
Im not sure how it would be possible to directly outlaw speculation (pretty much anyone who buys a house would be suspect), but LVTs are a way to change the incentive structure of landowning to ensure it can’t occur at all, while also funding the government (or a UBI).
Legally disallow speculation on human needs.
I feel like this is already possible through homestead exemptions. You can even extend this to higher density rental complexes (more incentive for an apartment complex to be fully occupied). Unfortunately this exemption is tiny in some places.
Im not sure how it would be possible to directly outlaw speculation (pretty much anyone who buys a house would be suspect), but LVTs are a way to change the incentive structure of landowning to ensure it can’t occur at all, while also funding the government (or a UBI).