[kiba]

You don't need to overcomplicate things by draconianly taxing corporate entities if you implement the land value tax, which taxes land, but not property, and set the rate at a high appropriate level.

That's what the georgism advocate.

The problem of property as investment is not so new as a problem.

For my part, I am against the over ever evolving taxation schemes such as setting property tax sky high to deter speculators but not homeowners, without addressing the root cause of the current crisis.

First, homeowners are still incentivized to support housing supply restriction. Second, improvement on said properties are disincentivized. Which is why you want to tax land, but not property.

This is a systematic problem, not going to be solved by merely targeting a small part of the landowning population.