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I'm fine with additional taxing of those houses, but having the state take over the renovation and renting processes is a recipe for corruption (which, given Po
by rjtavares 4y ago
I'm fine with additional taxing of those houses, but having the state take over the renovation and renting processes is a recipe for corruption (which, given Portugal's recent history, makes me think it's actually the real purpose of the measure).
- luckylion 4y agoI assume that's already the case, everywhere, isn't it? Germany certainly has that issue, state-owned housing companies have some very nice flat and they're very affordable, but you need to be connected to have a chance to get them. It is what it is, corruption finds its way into everything everywhere.
- rjtavares 4y agoNow imagine the government having the power to do that on every vacant property. Not just state-owned: all private-owned but vacant properties could be forcefully rented.
- luckylion 4y agoThere's more chance for corruption, but at some point each connected person needs to rent 4 apartments to fill all the space, which they won't, so it'd likely still be a net-positive effect. And unlike normal nationalization campaigns, it's easy to keep the government from making itself the owner's administrator: just rent out your rental properties. I understand that it's nicer to let them sit empty and wait for prices to double and not deal with renters because rents are a joke compared to price increases, but that's not going to work out. I could live with a different alternative: the government declaring the buildings condemned and rezoning them as non-construction ground. That'll quickly motivate investors to actually put the houses to use.