Landlording needs to be less lucrative than a private mortgage or land contract. Jack up the taxes on all residential properties, and grant steep exemptions for owner-occupants only.
True. I would only allow the exemption on 1-4 unit properties. I would allow an on-site landlord to rent out the remaining 1-3 units without losing the exemption.
Renting should be a wildly atypical housing arrangement. “Land Contracts” should replace virtually every circumstance where renting currently makes sense.
Rent. Rent needs to die in a fire.
Landlording needs to be less lucrative than a private mortgage or land contract. Jack up the taxes on all residential properties, and grant steep exemptions for owner-occupants only.
Be very careful with the wording of those exemptions, or you’re going to have an owner living in a tower with 230 roommates.
True. I would only allow the exemption on 1-4 unit properties. I would allow an on-site landlord to rent out the remaining 1-3 units without losing the exemption.
Renting should be a wildly atypical housing arrangement. “Land Contracts” should replace virtually every circumstance where renting currently makes sense.