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>Increasing the cost to hold the investment might encourage sales at today's prices instead of waiting for years. Or they double down and hold longer to "make
by potato3732842 1y ago
>Increasing the cost to hold the investment might encourage sales at today's prices instead of waiting for years.
Or they double down and hold longer to "make it back" later when conditions are more favorable.
>I'm not sure that helping developers buy land cheaper is the right solution or a complete one, but I do think increasing the cost of holding property as an investment would have an effect.
We are all developers, comrade.
The more you increase costs the more you'll squeeze out the little guys leaving BigCos that DGAF and are copy pasting the same things everywhere with no regard because they're operating at the statistical level.
- triceratops 1y ago> The more you increase costs the more you'll squeeze out the little guys leaving BigCos that DGAF I don't mind taxing the BigCos more and more money to hold land.
- potato3732842 1y agoYou missed the important part of the sentence you quoted.
- philipallstar 1y agoBigCos can offset things against taxes; regular people can't, and will just sell.