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So... in other words, what you're missing is a punitive tax on vacant property, as an incentive to rent asap - at any price.
by ddebernardy 9y ago
So... in other words, what you're missing is a punitive tax on vacant property, as an incentive to rent asap - at any price.
- cjalmeida 9y agoKeep adding obligations to landlords to the point no one wants to be one. Then, if you can't, for any reason, secure a mortgage your only alternative is homeless. Sounds like a good idea.
- mhuffman 9y agoReal estate, by multiple measures, is the most profitable industry in the US private sector. It is heavily taxed and regulated because it is a money-printing machine. We are not in danger of there being no landlords. [1] https://ftalphaville.ft.com/2016/03/29/2157698/ranking-americas-industries-by-profitability-and-tax-rate/ https://ftalphaville.ft.com/2016/03/29/2157698/ranking-ameri...
- deleted 9y ago[deleted]