JimmyMemes@lemmy.world to Lemmy Shitpost@lemmy.world · 4 days agoNot so fast!lemmy.worldimagemessage-square15fedilinkarrow-up1387arrow-down17
arrow-up1380arrow-down1imageNot so fast!lemmy.worldJimmyMemes@lemmy.world to Lemmy Shitpost@lemmy.world · 4 days agomessage-square15fedilink
minus-squareLemmyoutofhere@lemmy.calinkfedilinkEnglisharrow-up15·4 days agoWill only get cheaper if there is large scale deflation, and then nobody will be able to afford a house because everyone will be unemployed.
minus-squareSuluBeddu@feddit.itlinkfedilinkarrow-up6·3 days agoOr very high and progressive multi-property taxes 🫣
minus-squarenwtreeoctopus@sh.itjust.workslinkfedilinkarrow-up6·3 days agoMake it less economically attractive to own multiple houses (ban Air B&B, high tax rate on ownership beyond primary residence, ban corporate ownership of certain types of home, etc) and maybe we’ll see some shift.
minus-squareLemmyoutofhere@lemmy.calinkfedilinkEnglisharrow-up1·3 days agoThere already is higher tax rates and higher mortgage rates on investment properties. It’s still worth it for small time investors.
minus-squarenwtreeoctopus@sh.itjust.workslinkfedilinkarrow-up2·3 days agoSure. Make 'em even higher. Plus all the other suggestions.
Will only get cheaper if there is large scale deflation, and then nobody will be able to afford a house because everyone will be unemployed.
Or very high and progressive multi-property taxes 🫣
Make it less economically attractive to own multiple houses (ban Air B&B, high tax rate on ownership beyond primary residence, ban corporate ownership of certain types of home, etc) and maybe we’ll see some shift.
There already is higher tax rates and higher mortgage rates on investment properties. It’s still worth it for small time investors.
Sure. Make 'em even higher. Plus all the other suggestions.