NYT article on "Georgism". Could taxing land instead of buildings ease housing affordability?

[thatdemguy]

2. I dont understand how this would make it affordable

You tax the land, say its $1000 bucks a year, someone builds a million buck house, the tax is 1000 a year.

So ok you need to get more, you tax the land at 10k a year, how is that cheap for some one looking for an affordable small house.

Best option is kind of how it works now, tax the land and tax improvements. cheap small house, small tax bill, big house big tax bill.

But I am actually against property taxes on housing that is unchecked. The prop 9 in cali makes sense as it allows people who have lived in their house still be able to afford their house. Taxing some little old lady or man 10k a year on a house they bought in 1965 for 15 grand is a great way to ruin and make retired folks loose their house.