this post was submitted on 26 Mar 2025
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Unused housing should be taxed mercilessly.
And single-family homes should have a 100% annual tax on them, unless they are owned by an individual human/family (none of this LLC bullshit) who own only 1 house. Make a 6-month exception for inherited houses just so they can be sold, but otherwise just tax the shit out of them.
Make hoarding housing a liability.
Disagree, my grandfather's home has set vacant for nearly 4 years now after his passing. The estate cannot be wrapped up due to my estranged uncle not believing the property is worthless.
The county keeps upping the tax assessment, and so he's convinced it's worth something and refuses to visit the preoperty.
On paper this is an unused house in reality the roof finally fell in about 6 months after my grandfather died. The county refuses to condem it because they want the tax revenue and my estranged uncle has held up the estate indefinitely with unrealistic expectations.
I wouldn't say my poor as fuck family deserve a 100% annual tax on the assessed value of a near worthless asset.
I don't know your country's laws, but where I live, if it's not inhabitable it is taxed way lower (and without a roof, it's definitely not inhabitable)
That's how it should be, but the county refuses to deem it uninhabitable. They like their tax revenue