3 ms·
> 1. Expand the stock of council houses. perhaps England has a way of doing this. in the US it looks like https://en.wikipedia.org/wiki/Pruitt%E2%80%93Igoe htt
by fargle 2y ago
> 1. Expand the stock of council houses.
perhaps England has a way of doing this. in the US it looks like https://en.wikipedia.org/wiki/Pruitt%E2%80%93Igoe https://en.wikipedia.org/wiki/Pruitt%E2%80%93Igoe
> 2. Rent control, rent control, rent control.
this doesn't work ANYWHERE and never has. it merely feeds scarcity and raises rents in anything economically or physically adjacent. it feeds urban blight, and does nothing to make private ownership more likely.
> 3. 100% capital gains tax
why? why would someone make an investment in something for 0% return? that's just entirely silly. great way to ensure that any good, mediocre, or even tolerable landlords exit immediately (being replaced by predators).
how about some taxes on non-owner occupied or short term rentals (Air BnB)?
maybe something like a land-value tax on under-utilized housing? with a close-to-ZERO capital gains tax. encourage investment, upkeep and providing housing. encourage vs. discourage sales to individuals.
graduated taxes based on number of units to discourage large holdings and encourage small.