maybe in the long haul
to avoid these lot bubbles
we need to set up
a federal land bank
ready to loan to all comers
at sub mortgage rates on the full market value
any lot

the present system would soon be driven out
of the biz
of loaning on lot values by the lower rates

relegating them to the far more stable
new consumer durable category of " non mobile houses"
-- land locked house boats ---

obviously the land bank would always
be second to any pri sec or gse mortgage debt

consider it a voluntary national george tax by other means

in fact net proceeds oughta
get rabated on a pro rata basis
to the local authorities
for communal uses