4 ms·
I think I agree, except I think it should explicitly be a vacancy tax. We need investors who buy builds to manage and rent out to residents and businesses. In
by dec0dedab0de 4y ago
I think I agree, except I think it should explicitly be a vacancy tax. We need investors who buy builds to manage and rent out to residents and businesses. Investors who buy buildings to avoid inflation are a problem. I know many local buildings that have been vacant, but available for rent for over 15 years. That tells me that they are asking for too much. They need an incentive to rent it out cheaper, or sell, or forfeit the land. Most (all?) real estate ownership chains go back to someone just putting down a fence anyway, if you essentially abandon a part of a town you should lose the right to claim it as your own. But I do think the local municipalities should make these rules for themselves instead of being mandated by the state.