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What I meant in my initial comment was progressive as in the more you own, the more you pay. Say, 0% on a primary dwelling, and an extra 5% every new dwelling.
by silisili 5y ago
What I meant in my initial comment was progressive as in the more you own, the more you pay. Say, 0% on a primary dwelling, and an extra 5% every new dwelling. The point is to punish hoarders, not to punish homebuyers.
- zepto 5y agoI would recommend using a different and more explicit phrasing in future. ‘Hoarders’ is a needlessly loaded term though. It sounds like you want to punish individuals using houses as investments. How would your scheme deal with larger multi-occupancy dwellings? Would they need to be demolished, or would they be appropriated by the state?
- silisili 5y ago> It sounds like you want to punish individuals using houses as investments. Yes, that's exactly the goal.