3 ms·
> Perhaps in areas where housing is in short supply holding a housing vacant should results in a rather punitive tax. Sure, keep piling on the regulations. Eve
by twblalock 10y ago
> Perhaps in areas where housing is in short supply holding a housing vacant should results in a rather punitive tax.
Sure, keep piling on the regulations. Eventually, there will be so many regulations that no sane person will want to be a landlord or housing developer.
Or, you could solve the problem properly by building enough housing. The constraints in SF are political, not geographical.
- michaelmrose 10y agoIf you disincentive people to build or hoard housing for investment purposes people would still need homes and we have a workable plan whereby a bank provides capital to build and earns interest over the next 10-30 years to ensure people who need homes don't have to fork out 100k+ in costs to move in. If we loosened up restrictions a lot of them could fork out even less for smaller homes even. The purpose of the housing market is to you know house people not provide an optimal investment vehicle or money for entrepreneurs. Taxing inefficiency in the market that is vacant or vacation homes is the smart thing to do.