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I was mostly replying to your claims of racism and bigotry. Effectively your solution is what they're doing. Foreign home purchases is now taxed at a higher ra

I was mostly replying to your claims of racism and bigotry. Effectively your solution is what they're doing. Foreign home purchases is now taxed at a higher rate, and empty homes also get taxed. Personally, I don't think that's the greatest solution, unless the taxes are turned back into income for locals, or major tax cuts for them, to a point where it balances out the artificial cost of living increase due to the foreign real estate market.

mcny 8y ago
> Effectively your solution is what they're doing. Foreign home purchases is now taxed at a higher rate, and empty homes also get taxed. That's not that I want. I want higher taxes on everyone, not just an absentee owners. The tax money should be used to increase supply of housing and help suppress home prices.