Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
Stagflation Is Reshaping How Cities Tax Vacant Land
In episode 25 of Stagflation Conversations, Lucas and Luna explore how stagflation is pushing cities to overhaul property taxes on vacant land. With commercial vacancy rates soaring and municipal budgets squeezed, cities from San Francisco to Detroit are experimenting with land-value taxes and vacancy penalties. Lucas breaks down the economics: higher taxes on unused lots could unlock development, but also risk punishing landowners in slow-growth neighborhoods. Luna points to recent data: commercial real estate values have dropped 18% in some metros, making the tax base fragile. The episode…
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