• Fedizen@lemmy.world
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    1 year ago

    There should also be taxes on rental properties beyond the first to prevent the “hoard and rent” cycle

    • chicken@lemmy.dbzer0.com
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      1 year ago

      I disagree, because that would disincentivize housing. I think the price of housing is mostly just a function of how much of it is on the market. Wealth inequality is also a problem but should be addressed in other ways.

      As an aside, the tax should also apply to commercial real estate so there is an incentive to convert offices to apartments.