France is rich. The value of its land assets now stands at 7,000 billion euros, or three years of national income, compared to barely a year after the Second World War. Alain Trannoy explains why urban land has considerably increased in value over the past thirty years and a new tax proposition; to switch 60 billion euros of taxes levied on wages and investments towards real estate and land rents.
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Image courtesy of interviewee. July 25, 2023
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