> How is raising somebody else's taxes going to fix that? Just raise the taxes on peoples 3’rd or 4th home. It will definitely screw over a lot of real estate

> How is raising somebody else's taxes going to fix that? Just raise the taxes on peoples 3’rd or 4th home. It will definitely screw over a lot of real estate investors and banks, but that’s sort of the deal with investment risk, and after more than a decade of state guaranteed return on this investments it’s about time for and quite fair with a state guaranteed shakedown. This will cause the market to drop, and the unfortunate ones who overspent on their primary recode are will have a big loss, which you help reduce through tax breaks for people owning no more than one home.