3 ms·
Not trying to kill rentals, I'd have the tax only applied to single-family and multi-family homes, not apartment buildings. I agree that a supply of quality ren
by gen220 3y ago
Not trying to kill rentals, I'd have the tax only applied to single-family and multi-family homes, not apartment buildings. I agree that a supply of quality rental housing is an essential part of a healthy housing system.
I think anybody who intends to be a long-term resident (5+ years) shouldn't be financially excluded from residential homeownership because nonresidents (who maybe used to be residents) bought up all the local property, when it was more affordable 20-40 years ago.
I'm trying to tax the intersection of nonresidency and single/multi-family homeownership, which includes empty houses and the many rentals.