Click link to original version of this comment at Macrobusiness (link may be locked – but there is a free trial available)
If the ACT pollies need a useful project to keep them busy they could try this.
1. Simplify and reduce restrictions on how land is used across the territory to the bare minimum.
2. Remove the first user pays all the development cost of new land model.
3. Establish some express bus lanes with priority lighting at intersections.
4. Impose LVT on all new lots bought to market.
Sit back and observe what people Continue reading