Land Value Taxation Campaign

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Home Blog Is the cycle turning?

Is the cycle turning?

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This article here discusses the US housing market and suggests that the upswing is just beginning there. Meanwhile, in the UK, housebuilding firm Bovis has doubled its interim dividend as profits jump and reports that it has taken advantage of the depressed land prices since 2008 to embark on an agressive round of land purchase. This seems to be all in accordance with the theory from which land value taxation emerges as a prerequisite for a solution to the cyclic problems that have been a feature of most economies for the past two centuries.
 

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