4 ms·
The same thing happens in Paris, where about 15% of flats are said to be empty. In central areas, 25% to 30% are empty. There has been some talk about new laws
by Jacqued 12y ago
The same thing happens in Paris, where about 15% of flats are said to be empty. In central areas, 25% to 30% are empty. There has been some talk about new laws to fight off this rampant death of the city but nothing was enacted so far.
I think municipalities and local governments ought to make it really hard (or ridiculously expensive, even for the .1%) to own a place in tense areas without either living in it or renting it.
- ars 12y agoIt's not that hard. You make a high property tax, but add a homestead exemption[1], if you live there you get a discount on the tax. Either off of the percent or a fixed dollar amount you can deduct. This doesn't help if you want to encourage rentals though. [1]https://en.wikipedia.org/wiki/Homestead_exemption https://en.wikipedia.org/wiki/Homestead_exemption
- eli 12y agoThat would be kinda rough on renters, no?
- Raphael 12y ago50% cutoff. As long as a property is half occupied, the tax is zero.
- deleted 12y ago[deleted]
- TheCoelacanth 12y agoIf you wanted to encourage occupancy on any kind (including renters), you could tax vacancies instead.
- disputin 12y agoLand Value Tax. http://en.wikipedia.org/wiki/Land_value_tax http://en.wikipedia.org/wiki/Land_value_tax http://en.wikipedia.org/wiki/Henry_George http://en.wikipedia.org/wiki/Henry_George http://en.wikipedia.org/wiki/Law_of_rent http://en.wikipedia.org/wiki/Law_of_rent