Then you get people paying far more in taxes just because their neighborhood became popular. If you want to tax idle wealthy people, it's simple: tax their inv

Then you get people paying far more in taxes just because their neighborhood became popular. If you want to tax idle wealthy people, it's simple: tax their investments. This means a stock transaction tax, since so much wealth is tied up in stocks. You can also tax additional real estate properties (i.e. no property tax for a primary residence, but tax vacation homes, rental houses, etc.).