We should’ve been taxing homes or land that people own but are not their primary residence, from the start.
It would be super easy to implement, and flexible - if housing prices are too high for 75% of the population, you raise those taxes little by little and the problem eventually sorts itself out. If it’s no longer a problem, you reduce the taxes.
Or you keep those taxes the same and use the money to reinforce social programs to make sure no one in your area ever has to go homeless or hungry again.
The commenter I replied to said"when it’s no longer a problem" to lower the taxes again, I’m suggesting to not lower them again. People who have multiple homes should be paying maximum taxes on all luxury items- homes, cars, airplanes, income, everything possible, and that money should be used to support social programs.
We should’ve been taxing homes or land that people own but are not their primary residence, from the start.
It would be super easy to implement, and flexible - if housing prices are too high for 75% of the population, you raise those taxes little by little and the problem eventually sorts itself out. If it’s no longer a problem, you reduce the taxes.
Or you keep those taxes the same and use the money to reinforce social programs to make sure no one in your area ever has to go homeless or hungry again.
Por que no los dos?
Raise taxes on 2nd homes, use the tax to fund social programs
The commenter I replied to said"when it’s no longer a problem" to lower the taxes again, I’m suggesting to not lower them again. People who have multiple homes should be paying maximum taxes on all luxury items- homes, cars, airplanes, income, everything possible, and that money should be used to support social programs.