this post was submitted on 08 Mar 2025
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Exponential tax rate increases...
The more you own, the higher percent you pay in tax on all the properties.
Eventually it would get to some level where the increase is prohibitive and would stop companies from expanding.
But the real benefit is giving smaller landlords a way to compete. Otherwise a corp with 100 homes in an area can depress rent short term so the small landlords sell. Then when the corpnowns the majority, they jack up rent and there's virtually zero options. People pay or move from the area