Comment on How would a wealth tax affect real estate rentals?

HubertManne@piefed.social ⁨2⁩ ⁨days⁩ ago

• atro_city@fedia.io ⁨2⁩ ⁨days⁩ ago

  Well, there is a lack of houses for rent at the moment. Aaand, while writing that, I remembered that there are lot of things standing empty because they are for investment! If those were forced to be sold, that would add more housing stock on the market.

  Thanks for the comment.

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  • HubertManne@piefed.social ⁨2⁩ ⁨days⁩ ago

    thats one good thing about high property taxes including the land value tax idea. Makes it harder to sit on real estate because of the recurring costs.

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