[lotsofpulp]

I.e. insufficient land value tax rates. California created a class of feudal lords with prop 13 who get to reap disproportionate societal resources from newcomers.

Edit: the solution to which is not allowing squatters disproportionate access to others’ property via unnecessarily long court procedures. Residental agreements should be filed with the county just like land sales are, so a cop can quickly lookup who legally belongs and act accordingly.

[bsder]

Also the need for an "occupancy tax".

You can claim whatever rental rate you want as a basis for your financialization agreements, but you should have to start paying taxes as though you are receiving that number as actual cash rent after some limited grace period.

That would stop most of the shenanigans by private equity in the rental markets.

[compsciphd]

I proposed something else. This occupancy tax is paid by the legal person who has the right to reside in the unit. Either the legal renter (and this would require leases be recorded) or if there is no renter, the entity that is legally allowed to reside in the unit is the owner. There needs to be no grace period.

Subtract this amount out of property taxes owed today so we have 2 taxes that would sum, and can even discount the occupancy tax of the renter based on their needs (old, disabled, poor....)