If you pay 1% for one house, someone with 2 houses should pay 2%, and a company with 2000 homes should pay 2000%
That would make it increasingly difficult for mega companies to buy up everything and torture the housing market
If you pay 1% for one house, someone with 2 houses should pay 2%, and a company with 2000 homes should pay 2000%
That would make it increasingly difficult for mega companies to buy up everything and torture the housing market
I’ve had a similar idea for a while. There should be a fine/tax for unrented properties proportional to the amount being asked for rent. Any money collected from this goes to housing support for low-income renters.
This creates a market incentive to lower rents if you can’t get someone in a unit.
Vacancy tax
That + legalize squatting, we’ll fill up these empty units real fucking quick.