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> I would start by making property taxes substantially higher for non-owner-occupied property. But that in turn means rents would go up substantially since the
by jjav 4y ago
> I would start by making property taxes substantially higher for non-owner-occupied property.
But that in turn means rents would go up substantially since the owner of that unit is now paying a lot more taxes on it because they rent it out instead of living in it themselves.
If the desired goal is to incentivize everyone to own their home and get rid of rentals mostly, that may work. But if there are people who want to rent affordably, it doesn't.