I would guess income tax and sales tax account for a far larger amount of tax dollars than ownership dollars -- Not well read but I'd wager it is a 100x differe

I would guess income tax and sales tax account for a far larger amount of tax dollars than ownership dollars -- Not well read but I'd wager it is a 100x difference or more. I.e. if so for that to work we'd have to vastly reduce government services. Either that or land tax would go way up, e.g. you have much more money from a lack of income and sales tax, but then 100x higher rent (as landlords could raise rent to cover the taxes). (FWIW I think I would be pro high taxes on multiple home ownership, investors purchasing and parking in home real estate on the surface seems like a bad thing, but then commercial real estate and dense urban housing seems like it would require investment-driven development so not really sure)