2 ms·

> 2. Start punitively taxing second homes; I'm assuming you mean punitively tax 2nd homes that aren't being rented out?

• jmyeet 4y ago
  I distinguish between "investment property" and "second homes". An investment property is a working asset that's specifically there to generate income (eg by renting it out). "Second homes" here are really non-working assets (eg the family lake house).
  • calvinmorrison 4y ago
    but lake houses and beach houses are seasonal and have little demand year round
    • nullc 4y ago
      And usually in locations where the housing market isn't congested and where building additional units (especially if you don't care if they have a view) would be no big deal.
• deleted 4y ago
  [deleted]