740

cross-posted from: https://lemmy.crimedad.work/post/12162

Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there's still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.

you are viewing a single comment's thread
view the rest of the comments
[-] ghost_of_faso2@lemmygrad.ml 47 points 1 year ago
[-] panopticon@hexbear.net 30 points 1 year ago

Socialism is...... When you own your own home??

spoileryes-sicko

che-smile

[-] Honytawk@lemmy.zip 1 points 1 year ago

Yes, Socialism has home ownership.

The only thing that is state affiliated more than in Capitalism is the mean of production (businesses) being owned by the state. Everything else is still owned by individuals.

You are thinking of Communism.

[-] silent_water@hexbear.net 16 points 1 year ago

it's a play on "communism means no toothbrush*

[-] polskilumalo@lemmygrad.ml 3 points 1 year ago

A private domicile is not private property, so yes even under communism people will own thier own homes.

this post was submitted on 24 Aug 2023
740 points (88.5% liked)

Personal Finance

3802 readers
1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago
MODERATORS