With Land Value Tax, the owner in both scenarios would pay the same. So the one on the right would have a strong incentive to put it to a higher use vs. just holding it for profit. This is how LVT would encourage more supply and help address housing affordability.

Paypal co-founder Peter Thiel calls the US, UK and Canada a "Georgist real estate catastrophe". A giant wealth transfer from younger/working class to older/landowners. He supports taxing land (over other things) to fix housing and the economy.

Wealth that's created by nature or society as a whole should pay dividends to all. It's a practical, market-based solution to end poverty and ensure the survival of a large middle class.

LVT = LBT (Least bad tax)

Canada is on track to lose $1 TRILLION of our country's minerals wealth to private extraction, equal to a head-tax of $24,000 per Canadian. This is a shared inheritance that should be paying citizens dividends instead.

The answer is to build common wealth to give all citizens an economic stake in the upside and a non-labour source of income. Social wealth funds, AI dividends, and stock grants all move us in this direction.

Broadcast spectrum revenues "could and arguably should be distributed as dividends". - Brent Ranalli, author of Common Wealth Dividends But instead of being paid, Canadians are paying spectrum oligopolies.

BREAKING: New York authorized land value tax around transit that'll raise billions. This should be happening everywhere in Canada where transit raises land values. Tax the unearned land value and return it to citizens: lower taxes on income/property, fund even more transit, or pay dividends.

Another UBI skeptic flipped because of AI--a contributor to the American Conservative and New York Post "For years, I opposed Universal Basic Income, firmly and reflexively... That position no longer survives contact with reality."

Canada's Sovereign Wealth Fund: Investing for Future Generations. By Ken Yang and Floyd Marinescu, Common Wealth, May 22, 2026 @floydmarinescu.bsky.social @kenjaminyang.bsky.social

Spokane is looking at land value tax. "The goal is to encourage growth, lower bills for some taxpayers, stabilize tax burdens for everyone and disincentivize undesirable behavior such as speculating on land and allowing buildings to fall into disrepair."

Dunno who this guy is, but he's obviously sitting.

We're taxing what you earn from work way more than what you don't earn from rising land prices. This is actually what's driving the housing crisis that noone elected ever talks about.

Won't someone please think of the property investors?

Interesting that Princess Alice probably supported Henry George's idea of taxing nothing but land.

At the root of our housing crisis is the collective desire to treat homes as an investment, not just a place to live. How do we turn that around?

FDR also said "Henry George was one of the really great thinkers produced by our country." He probably supported George's idea of taxing land instead of workers and productive capital.

We have 2 markets for homes that are fundamentally at odds: 1) to live in and 2) to get rich. This is driving prices way beyond the need for living.

Jon Stewart: "Capital is king and labor is devalued." Kyla Scanlon said capital can give labor a voice and an equity stake. Don't forget land. We should shift taxes from income to land value and broaden capital ownership through social wealth funds that pay dividends.

One of the Founding Fathers of America, Thomas Paine, believed citizens should be paid dividends from the rent of land, which noone created. Today, Alaska sends cheques to everyone from their natural resources. And many believe we shouldn't tax hard work, but land instead.

The father of modern economics and capitalism said stop taxing workers, tax land. By doing the opposite, we built a rentier economy that rewards extracting land rents and punishing workers and builders.

Canada: where you get rich by sitting on land, not by building anything

Workers are overtaxed and 'double-billed': they pay tax on income, which funds public goods that raise their rent. The late economist Fred Foldvary said this is a major cause of income inequality and why we should tax land instead of wages.

The greatest conflict of interest: 95% of Canadian MPs own property, 40%+ are landlords. "They definitely don't want the price to go down because they need the money." Nobody in office is saying it: homes can't both be good investments and affordable.

Huge housing price growth despite weak economy, or driving a weak economy? Every dollar sunk into land rents is a dollar not producing anything of value for humanity. We need to tax land, not productivity.

1 in 2 Canadians say they're spending ALL income on basic expenses and will never get ahead. It's hard not to feel paralyzed when most of your paycheque goes to housing and taxes. To fix this, tax land instead of work to bring down prices and let working people get ahead.

"We should have a shift from taxing earned incomes to taxing wealth and ecological invasions of our commons, and thereby build up a Commons Fund from which we could pay a basic income." - Guy Standing

Jeff Bezos: "The bottom half workers pay 3% of all taxes – it should be zero" There is a much better option than taxing working people. If the goal is fairness, start with land. It benefits from society's productivity without contributing back.

The key to shorter workweeks is better sharing common wealth from nature and technology: - shifting income taxes to land value (by far the biggest sink of disposable incomes) - AI dividends that let everyone share in the productivity gains

Land value tax curbed investor demand and freed up supply for families looking to buy. This is what we want.

Did you know the 1st UBI proposal was born out of a struggle for land rights in the 1770s? As Dorothy Woodend writes in The Tyee, the concept is "extremely old," rooted in the idea that the leadership class "fenced people out" from the resources they needed to survive.

UBI from sovereign wealth funds, like Alaska's dividend, is elegant and practical. If AI does the work, the public should get dividends. Dr. Tony Annett, economist, author of Cathonomics, ex-IMF

Toronto landlord who owns 30,000 houses explains why young people don't want homes. Remember, your income is taxed way more than their land profits.

Alaska's oil dividend paid yearly to every resident creates the missing link between citizens and their rights & duties to their natural resources. It's an exemplary model of paying common dividends from common wealth, which Canada and the provinces would do well to follow.

Yet another example of how we fund the basic science that isn't profitable, and then some companies use the results to become extremely profitable. We put up the initial capital. We should all be treated as shareholders. We all deserve a dividend from everything built off of publicly-funded R&D.

"UBI seems to be effective...I don't need it to be perfect, I just need people not to starve." - George Stroumboulopoulos

One of the greatest thinkers of all time believed taxing the increase of land wealth is consistent with the principles of individual liberty and private property. Land value is created by the community, but enriches the owner.

Victoria's land tax freed up supply and lowered prices for families. That's what we want. "From an affordability perspective, home values being flat or falling is actually good news" "the loss of property investors has been offset by first home buyers returning"

Rising land prices are the biggest contributor to growing net worths, not incomes from work or other investments. To reduce inequality and build a stronger economy, tax land.

One Aussie says what all Canadian politicians won't. "As more of the population bought into housing as a wealth-building tool, price increases became not only inevitable, but politically desirable." Can you imagine an elected official saying this?

28 vacant homes for every homeless person There's no amount of housing we could build that would fix this, while investor demand grows Our tax system valorizes land as a golden investment while taxing the hell out of working families

Toronto's biggest housing advocate says tax land, not work

There are 2 markets for homes: 1) for living 2) for wealth creation These 2 are fundamentally at odds. Homes can't both be affordable and great investments.

"There has been a plunder of the commons... and they've been turned into sources of huge rental income. That is illegitimate, that is unjust, that has no moral principle justifying what's been happening and we should be very angry." — Guy Standing

We could virtually eliminate income tax for Canadians if we better taxed land and resource rents instead. Instead, working families are getting the snot taxed out of them while rents rise.

"My paycheck goes straight to rent -- there's nothing left." How many Canadians see 50-100% of their income get sucked up by land rents and income taxes? We should untax work, and shift taxes to the rental value of land.

Paying everyone dividends from wealth we all have a moral claim to - whether that's natural resources, social wealth funds, or AIs trained on our data - is how we achieve Keynes' vision of 20-hour workweeks. It's how we achieve a Star Trek economy.

The public has funded many technologies that today fuel massive private sector rents (excess profit). Economist Mariana Mazzucato believes we should better share this co-created wealth, through policies like citizen's dividends.

Our housing crisis in a nutshell

"To fight inequality, tax land." — Peter Orszag, CEO of Lazard