4 ms·
Tax the hell out of all forms of residential-property-as-investment. Allow tax breaks on second properties if you can show you are using them and not renting th
by starbeast 8y ago
Tax the hell out of all forms of residential-property-as-investment. Allow tax breaks on second properties if you can show you are using them and not renting them out or letting them go to seed and there should also be some exceptions for collective ownership and also stuff like homes for the elderly and other forms of sheltered care, but in general the commercial use of residential property shout be taxed to the hilt.
- frabbit 8y agoThis is absolutely the simplest and probably most effective response to the problem. It does need to be couple with a commitment to building new housing stock by the government though (as pointed out by the article).