The housing crisis will never end without levying forceful taxes against real estate speculators and investors. A recent report outlines the necessary actions to impose taxes that can actually narrow the wealth gap and alleviate the housing emergency.
how does that not just increase rent?
Property taxes of 100% for units not occupied by owners. Income taxes on rental of 110%.
Problem solved.
well as long as you are admitting you are ok with state sponsored theft. Very Putin of you
Oh, is Putin the new insult from the libertarian crowd? I thought they were slobbering all over his knob. The winds change so quickly!
I don’t think you have put any thought in to this. How would that solve anything exactly? If you taxed rental income at 110% then nobody would ever be a landlord, and all existing landlords would evict their tenants immediately, leaving millions homeless. Do you just want a system where you can only live in owned properties and renting is forbidden?
Note also that I want to tax all non-resident properties at 100%. There’d be a lot of homes to go into.