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so could this be resolved by having a high tax (~50%) on second/rental/investment homes?
by jayski 2y ago
so could this be resolved by having a high tax (~50%) on second/rental/investment homes?
- Plasmoid 2y agoSo... where would renters live?
- adolph 2y agoRent controlled public housing. These could be mass produced and stacked like legos so that rents would be less than 1/3 of UBI. With the addition of municipal broadband there would be plentiful jobs for teleworkers in virtual call centers to provide a back end for no-checkout stores and providing teaching assistance to students using MOOCs.
- canadianfella 2y ago[dead]
- Wool2662 2y agoIn their own houses. That's what cooperatives are for. Also prices would drop once speculation on housing is no longer profitable.
- Plasmoid 2y agoHow much do you think prices would drop? Sure a lot of supply is now on the market, but for buyers it's "20% down or your sleeping in your corolla". What about people living in an area temporarily? People who just moved? Honestly, these ideas come across as you personally being ready to buy but wanting a lower price rather than wanting a more sustainable housing market.
- Panzer04 2y agoThis is 90% of internet suggestions. Lots of people want to buy and don't really think through the second order of their consequences (which largely fall on renters, in the end)
- diffeomorphism 2y agoNo need to speculate. Other countries than the US do in fact exist and all these questions have already been answered.
- twojacobtwo 2y agoPrivate investors aren't the only way to have rentable properties. And with not for profit housing, rent is much cheaper and gives a much greater opportunity to eventually no longer need to rent.
- rascul 2y agoRents would go up to cover the tax increase.