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You cannot discourage ownership of “investment property” without also discouraging landlordship — which raises rents.
by atweiden 5y ago
You cannot discourage ownership of “investment property” without also discouraging landlordship — which raises rents.
- seanmcdirmid 5y agoYou can tax unoccupancy, which is what Vancouver does. Having a tenant in the house actually makes it more difficult to sell and has overhead (risk in damage and non-payment, often both), so taxing empty houses puts some pressure on speculators to rent the places out at least.