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by aaomidi
1436 days ago
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I think we shouldn’t let perfect be the enemy of good. There’s a couple of things that can help here: 1. Right to build. No local government should be able to say no to you building a small multi family home or single family home on their land. 2. A graduated (by year) increase on renting income for homes. Places that had been rental residences for a few years prior to this also should be forced to stay residential for a while. 3. Empty home wealth tax. If a house has been empty for more than six months a year, it should be taxed a percentage of its fair market value based on vacancy months. 4. Mortgages returns on investment should be limited to a certain margin over inflation. Or just match inflation. More than that should be taxed. Are these good ideas? Maybe, idk. I’m not the person that’s gonna come up with the model of how to accomplish this. But it’s potentially a starting point. |
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How would this work in practice and enforced?