[boringg]

How do we feel about cottages or summer homes for people who live in poor weather climates? Is that a luxury that should be universally condemned? I woulnd't think those qualify as speculative but more like lifestyle money pits from what I have heard.

[seba_dos1]

Usually when something like that is proposed seriously it isn't supposed to start from the second home already, but a bit further as there's very little social benefit in excessively taxing a flat inherited from your grandma waiting for your children to grow up either.

[OptionOfT]

Allow me to flip that around. Should people in places like Phoenix be priced out of the market because a significant amount of people have a winter home there?