2 ms·
Sounds almost like "have the government own all the housing stock and rent it to the people"
by presentation 4y ago
Sounds almost like "have the government own all the housing stock and rent it to the people"
- danielheath 4y agoThat’s an extreme case, yeah. I think at that point you’re disincentivising capital works too strongly, since there’s a higher risk you’ll lose the property via default on taxes, but it’s not clear to me that the same effect would exist even at a 20% rate.