LVT is set by location. Property prices are set by location.<p>LVT can&#x27;t be passed onto renters. It does stop land speculation. It&#x27;s the opposite of what you say.<p>If LVT could be passed onto renters then why, given the market can apparently bear higher prices, are our genius landlords not charging us more already? That&#x27;s how prices are set my friend, they don&#x27;t sum up the input costs and add 5% profit.