Tax overconsumption of housing: if you're alone or a couple in a 6 bedroom house, you pay. Doubly so in areas with shortages. Doubly so for people in areas wher

Tax overconsumption of housing: if you're alone or a couple in a 6 bedroom house, you pay. Doubly so in areas with shortages. Doubly so for people in areas where there are jobs and the people are not employed. Right now, people overconsume because they own the underlying property. If they had to pay cash rent for the same property, they would move. And if they didn't then various taxes would be due on that income. Instead they freeride and externalise the cost of the consumption. Another alternative is a mass, semi local infrastructure program. One of the reason prices and rents are so high in some places is because there are a very limited number of places you can live and access the city centre within 1h. So we should build a tonne of light rail lines around these cities linking empty areas to them. This is how cities are meant to grow, but it requires government involvement beyond the US political model (investments that take more than 1 election cycle to pay off, reductions in property prices, municipal and rural (and state and federal) governments working together. The same is true here in the UK with London.