This comment does not face the facts realistically. Even if the mortgages were not directly affected, the effect of LVT is to cause greater prosperity throughout the economy and not to spoil the income or expenditure of those who do pay mortgages. This would ease their ability to pay and not reduce it. The only "loosers" from LVT are the land monopolists, whose present indulgence in sites that they are not using but confining from those who could so do, would now find themselves having to sell their land at its lower price (just as if for them it were a sour investment of any other kind!).