Comment on Labor and Coalition housing policies a 'dumpster fire', expert says

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null_dot@lemmy.dbzer0.com ⁨1⁩ ⁨week⁩ ago

Annual land tax is the most broad based, low-compliance-cost tax there is.

Before the advent of the internet it would’ve been possible to replace most taxes with a hefty land tax, and it’s well researched and document amongst economists.

You suggest cutting foreign ownership, and limiting the number of properties a person can own, and land tax is the obvious and most effective way to address those things.

The red tape and council regulations around multiple dwellings on a title are required to maintain living standards and avoid slum-style accommodation.

Usually with hefty application fees you can do your due diligence and be pretty confident your application will be successful.

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