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>People with older homes in cities fall into this category frequently. Would this not be a good example of just the sort of thing that would be fixed by this t
by vostok 10y ago
>People with older homes in cities fall into this category frequently.
Would this not be a good example of just the sort of thing that would be fixed by this tax?
There are many people in places like San Francisco and Manhattan that are holding on to single family homes. This reduces the amount of housing that is available and increases rents. It seems fairly reasonable that these people should pay for the enormous resource usage.
- onetimeusename 10y agoI don't see how a tax resolves that situation, if the situation indeed needs resolving. The tax could just as well cause a large apartment with many renters to be unsustainable and become replaced with a smaller apartment with very high rents to cover the cost. If land can be used to build an apartment, that is one issue, but another issue is using a tax policy to try to change its ownership or purpose. I am more strongly opposed to the latter.