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sapling-ginger | 1 year ago

If the owner cannot generate any revenue from owning the plot, then it is not a "land-like asset" and it just doesn't factor into this discussion. A "land" in LVT is not necessarily literally land, although the way most virtual worlds are programmed, the "land" in the game often has functions similar to real-world land, which makes it LVT "land".

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lupire|1 year ago

Revenue is a representation of utility.

Utility hoarding has similar problems and solutions ad revenue hoarding.