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Why is that? It would devalue property but renters want that. It would only hurt the rent seekers and speculators, no?
by jayd16 10mo ago
Why is that? It would devalue property but renters want that. It would only hurt the rent seekers and speculators, no?
- Aunche 10mo agoImagine a half empty mall where there simply isn't enough demand for any more stores. If you add a vacancy tax that bankrupts the mall owners, then the mall shuts down and the renters lose out as well.