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[–] 14 points 1 year ago (5 children)

The taxing empty property 2x is smart.

Clearly someone recognised that as soon as they gain power. A lot of land lords would start refusing to rent. In the hope of creating a housing shortage and forcing the gov to reset.

The taxation forces them to either rent or sell. And sell at a reasonable price given changes in the market.

It prevents wealthy property owners trying to hold the gov hostage.

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  • [–] 4 points 1 year ago

    I had a better idea. What about every additional house you own drives up the tax rate on every house you own by 1-2 %? This makes it affordable to still own a vacation house if you really want one, but by the 3-4th house, there's zero profit margin on the houses (if you're renting them out and it quickly becomes pointless or expensive to own multiple properties.

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  • [–] 1 point 1 year ago (3 children)

    This just creates a market for fake tenants.

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  • [–] 5 points 1 year ago (2 children)

    i would assume fraud would be illegal

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