Globe and Mail columnist calls for Land Value Taxation.
Doug Saunders: "If we really wanted housing to be profitable and plentiful, we’d tax owners on the annual rise in value of their property – a Land Value Tax. This has two benefits: First, you’re taxing a non-productive source of wealth, whereas income and corporate taxes can stifle innovation and risk-taking."
Globe and Mail, Published Saturday, Apr. 28, 2012
http://www.theglobeandmail.com/news/world/doug-saunders/a-housing-crisis...