Italy by contrast charges high taxes on 2nd and 3rd properties, effectively blocking the aggregation of empty / underused housing stock. This is a great policy

Italy by contrast charges high taxes on 2nd and 3rd properties, effectively blocking the aggregation of empty / underused housing stock. This is a great policy. Owning land you don't live on is perversity on the scale of deciding a patch of ocean is yours and shooting at any boat that crosses it.