So long as you have blood, ticks will try to bite you. Increasing the taxes would be a good way to increase tax revenue, and we should do it, and corporate real estate investors will fight it like hell, but there isn’t any reason to think it will discourage predatory behaviors.
If they can make more money selling and lending on the property, you get the 2008 bubble all over again.
Capitalists are going to capitalize. Regulation is the only weapon against abuse. Taxes are a good start, but it won’t be enough.
So long as you have blood, ticks will try to bite you. Increasing the taxes would be a good way to increase tax revenue, and we should do it, and corporate real estate investors will fight it like hell, but there isn’t any reason to think it will discourage predatory behaviors.
If they can make more money selling and lending on the property, you get the 2008 bubble all over again.
Capitalists are going to capitalize. Regulation is the only weapon against abuse. Taxes are a good start, but it won’t be enough.