Your column - Land Tax.

[Izzy]

Mr. Saunders:  My compliments.  It is time more people realized that the key to solving the housing crisis – wherever it exists – lies in reducing the profits realized from land speculation.  That activity produces no wealth whatever – not one job -  in any of the many activities involved building homes.   Why are increasing home prices perceived by many to be a positive sign of economic well-being when, in fact, for young people beginning careers and starting families, that increasing cost is totally devastating!!  We do not think increasing prices for food is “a good thing” – nor  do we invite higher prices for computers – automobiles – medical services – as  “good things”.  The logic of reducing home costs as beneficial is self-evident.  Tax  the speculative values – to be used for community purposes by the very community which is responsible for creating the increasing values – and we have a logical and balanced equation.   We also have more affordable housing.    Good on ya,mate!!.  Izzy Gliener