[rsj_hn]

> Of course they pay VAT, their profits are taxed, etc, when selling the apartments, but after that, they have nothing to do with that property anymore.

Well, that's what you'd expect, no? After they sell the units, then whoever owns the units pays property tax on them.

Or do you want to pay property taxes on a unit you no longer own?

[ajsnigrutin]

No, i'd like property tax thats (near) zero for your first property/house/apartment, and then rising for each next one. This would make hoarding properties impossible, and using properties as investment (atleast if we're talking more than one) very expensive.

I was just saying that my idea is not problematic with multi apartment buildings, because once the apartments are sold, the owner doesn't have to pay property tax anymore.