> Thinking that "tax losses" are the way to make money does not work. Never said that. But if I'm a corporation who owns 3,000 homes and/or apartments, I can e

> Thinking that "tax losses" are the way to make money does not work. Never said that. But if I'm a corporation who owns 3,000 homes and/or apartments, I can easily decide that rather than earning less than I'd like on rental income, I might keep those units vacant and claim rental loss to offset my tax burden elsewhere. Helpfully, corporations can also depreciate those dwellings as an asset. Keeping a portion of those dwellings vacant benefits me as a corporation - it doesn't benefit society or the community they're in (or the communities where the offset is going to come from). But hey, fuck society and community, we're a capitalist-over-all nation! > If you ever owned a vacant home, not only are you still going to have to pay all the usual bills, you'll be dealing with vandalism, squatters, and that undetected roof leak that ruins the interior. What "usual bills"? Property tax? Insurance? If I own 3,000 dwellings I can self-insure. I can shut off water/sewage/garbage service, I can shut off electricity, internet. Of course, if I'm a corporation with 3,000 homes, it'd be almost a certainty that I have dedicated maintenance crews who can be mitigating many of those other issues, and doing it far cheaper than you or I could (short of DIY).