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.

The purpose of our SJI's Ten Minute Lessons series is to educate and inform listeners on a particular area of policy, giving a brief overview and hitting on the key points that people need to know. They are intended to be short introductory tutorials to often-complex policy areas!