3 ms·
The easy solution is to tax vacancy at a rate that makes this strategy not profitable.
by carllerche 2y ago
The easy solution is to tax vacancy at a rate that makes this strategy not profitable.
- Y_Y 2y agoCanada and the UK (among others) have toyed with these kind of "use it or lose it" penalties for unnecessary empty premises. I think they're a great idea, but they don't seem popular, maybe because the benefits are spread widely while the costs are paid by relatively few, but politically powerful, landowners.