[mschuster91]

Probably because waiting for the property value to increase over a year or two and then deducting paying the loan rate/interest over the time is more profitable.

Classic perverse incentive, the only way to fix this is a drastic vacancy tax.

[lotsofpulp]

> then deducting paying the loan rate/interest over the time is more profitable.

What does this have to do with not renting the apartment? Any business will deduct interest payments as a business expense.

[eru]

And a vacancy tax isn't a good idea either. (Though it's better than the UK's tax rebate for vacancy.)

Just use a land value tax.