27. SJI Ten Minute Lessons Ep7: Site Value Tax, what it is and why it should replace the Local Property Tax
The current Local Property Tax system in Ireland is regressive. It encourages land hoarding and speculation, while dis-incentivising necessary development, such as building more homes in a housing crisis and retrofitting some of the 230,650 homes with the lowest energy efficiency ratings.
In the 7th episode in the SJI's Ten Minute Lessons series, Colette Bennett, Research and Policy Analyst, provides an overview of what the Site Value Tax is, how it works and why it is fairer than the current Local Property Tax system. Tune in on iTunes, Spotify, Podcast Republic or wherever you get your podcasts. Or download direct from our website.