• Overzeetop@sopuli.xyz
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    1 year ago

    Higher taxes is just a cost of doing business which is passed on to other tenants, be it long or short term rentals, even if housing stock is temporarily held - though I don’t disagree that such a vacancy tax is a good.

    GP was right - forbid corporations from owning any residential property if 4 or fewer units and greater than four unless the building is wholly owned.

    On the tax side, add a purchasing tax of 15-25%, 90% of which is rebated at closing for non-corporations who have not received the rebate in the previous 24 months. That targets flippers and property-bros willing to go naked on liability.

    • mke_geek@lemm.ee
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      1 year ago

      This would take all the single family and duplexes off the rental market and make a ton of people homeless. No thanks. There’s enough people homeless in this country due to drug and alcohol issues.

    • EssentialCoffee@midwest.social
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      1 year ago

      We do need to have an exception for those who need to buy through a corporation in order to protect their privacy, especially with the rise of professions such as streaming.

      Those professions aren’t going to be going anywhere anytime soon.