This doesn't do anything to disprove the above commenter's point. Land value taxes incentivize constructing denser housing, because that's the only way to stay profitable when owning valuable land.
If there's 1 million people that want to live in a city with only 700,000 housing units, the only way to keep housing affordable is to construct more housing. No amount of regulation or tax changes will overcome the pidgeonhole principle.
If there's 1 million people that want to live in a city with only 700,000 housing units, the only way to keep housing affordable is to construct more housing. No amount of regulation or tax changes will overcome the pidgeonhole principle.