Comment on Labor and Coalition housing policies a 'dumpster fire', expert says
null_dot@lemmy.dbzer0.com 1 week agoAnnual 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.
Whirlybird@aussie.zone 1 week ago
Land tax doesn’t address those things. Land tax is a constant tax on something you already own. That should never have even been allowed, let alone have anyone advocating for it to be expanded.
It should not cost $28k in fees to then buy a fully compliant off the shelf tiny home. It has absolutely nothing to do with maintaining living standards. Sounds like you’ve drunk the government kool-aid.