That’s why we need tqx increase for each additional living unit you own after your main one. E.g. if you have 3 apartments, one has low tax but the second one has super high taxes each year and the third one is twice expensive then the second one to keep.
We need to create a monetary incentive not to accumulate living spaces.
The prices of rent would probably be steep qt first but in the long term the mutiple homeowner will try to get rid of their additional housing and there would be more available housing in the market as a whole, so lower prices for people to buy their first own home.
I wouldn’t mind licensing out rental licenses to responsible entities whose job was to maintain those rental units. Maybe they don’t get rent money, but instead get a stipend based on the amount of rentals that they maintain while the rental units themselves stay at a fixed rate set by the city and most of the rent goes back to the city where the rentals reside to then pay for maintenance and more housing and continued development into the cities infrastructure and public transit…
wait this is socialism! Woops! I forgot we aren’t allowed to do that, sorry!
That’s why we need tqx increase for each additional living unit you own after your main one. E.g. if you have 3 apartments, one has low tax but the second one has super high taxes each year and the third one is twice expensive then the second one to keep.
We need to create a monetary incentive not to accumulate living spaces.
The prices of rent would probably be steep qt first but in the long term the mutiple homeowner will try to get rid of their additional housing and there would be more available housing in the market as a whole, so lower prices for people to buy their first own home.
I wouldn’t mind licensing out rental licenses to responsible entities whose job was to maintain those rental units. Maybe they don’t get rent money, but instead get a stipend based on the amount of rentals that they maintain while the rental units themselves stay at a fixed rate set by the city and most of the rent goes back to the city where the rentals reside to then pay for maintenance and more housing and continued development into the cities infrastructure and public transit…
wait this is socialism! Woops! I forgot we aren’t allowed to do that, sorry!