Progress and Poverty • 1308 implied HN points • 26 Mar 26
- Build-to-rent is a symptom, not the root cause — the real problem is a system that lets private owners capture untaxed land value created by public investment.
- Policies that only limit corporate ownership won’t fix the underlying incentives and could shrink housing supply; the focus should be on changing who benefits from rising land value.
- Cities should recapture more land value through tools like land value taxes or long-term ground leases so they can fund infrastructure, promote infill, and reduce suburban sprawl.