Land Tax not an impediment to investment
"The institute's national president, John Hill, instead challenged the Government to provide an incentive package by cutting its own stamp duty and land tax demands on investors - "the two biggest impediments to investment". "

Land tax is not an "impediment to investment", rather it is an incentive for investment to put sites to their highest and best use. Hill's statement, endlessly reiterated by the REI, reflects how the Real Estate Institute serves the interests of the rent-taking class and not the public.

Land Tax not an impediment to investment
"The institute's national president, John Hill, instead challenged the Government to provide an incentive package by cutting its own stamp duty and land tax demands on investors - "the two biggest impediments to investment". "

Land tax is not an "impediment to investment", rather it is an incentive for investment to put sites to their highest and best use. Hill's statement, endlessly reiterated by the REI, reflects how the Real Estate Institute serves the interests of the rent-taking class and not the public.