I think your last sentence there bears out that you have enough bias on the issue that perhaps the real concern is that it allows sky scrapers.

Since dropping the LVT, Vancouver has used restrictive permitting and extreme downzoning to keep homeowners very wealthy, but also keep a far larger number of people from having access to land in Vancouver.

In a normal city, you don't go from sprawl of single family homes to sky shapers, you have gradual addition of duplexes, then triplexes, then a smattering of small apartment buildings, and finally, only then perhaps, taller towers in a very tiny number of locations.

This is the reality of normal development that has not been restricted by zoning. That Vancouver has so restricts housing that a skyscraper is tenable in so many locations next to sprawl homes is an indictment of the lack of so many other options in between.

Certainly not a problem for a land value tax, that's a societal problem is a city ruined by exclusionary planning.