All wholeheartedly agreed, but why shoot one arrow when you can shoot a whole quiver?
In addition to mandating upzoning (without allowing local municipalities to overrule or delay), increasing the cost of hoarding property without use would also help, by incentivizing selling or lowering rents.
And because it would be a punitive tax (primary good created simply by existing), there's no reason you couldn't roll the proceeds into programs to facilitate densification. E.g. tax credits for rebuilding existing properties with more units
In addition to mandating upzoning (without allowing local municipalities to overrule or delay), increasing the cost of hoarding property without use would also help, by incentivizing selling or lowering rents.
And because it would be a punitive tax (primary good created simply by existing), there's no reason you couldn't roll the proceeds into programs to facilitate densification. E.g. tax credits for rebuilding existing properties with more units