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Higher taxes on property - and higher taxes on unused, vacant, and especially abandoned lots and non-primary residences would go a long way I think to increasin
by swagasaurus-rex 4y ago
Higher taxes on property - and higher taxes on unused, vacant, and especially abandoned lots and non-primary residences would go a long way I think to increasing housing supply.
As it is, it's a good investment because supply is globally constrained. Investors have parked a huge portion of the world's wealth into land. It's obvious when you talk to investors. This investment can spur development, or it can greedily be sat on.