If you pay 1% for one house, someone with 2 houses should pay 2%, and a company with 2000 homes should pay 2000%

That would make it increasingly difficult for mega companies to buy up everything and torture the housing market

you are viewing a single comment's thread
view the rest of the comments
[–] 15 points 2 months ago

Should be the same concept with rental units. Taxes should go up exponentially for every unit you own over a certain limit. Of course if there's is a limit to how many homes or units a person can own, they will just create thousands of small corporations to own them.

Have to ban corporate ownership of residential property as well or some other fix.

  • source
  • parent