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Hotel > AirBNB (lemmy.ml)
submitted 1 year ago by snixyz@lemmy.ml to c/memes@lemmy.ml
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[-] jimmyjoners@lemmy.world 106 points 1 year ago

I'm just here to say fuck air bnb. Ban that shit for it's contribution to the housing crisis.

[-] explodicle@local106.com 2 points 1 year ago

The housing crisis is caused by property taxes being too low, particularly on land values. Banning small rentals won't work because they'll continue to extract rent under longer-term leases.

We already have plenty of houses. Increase taxes and their market values will drop.

[-] brygphilomena@lemmy.world 12 points 1 year ago

The housing crisis is caused by many things.

Ban the ownership of single family residential properties by corporations. I don't see a world where it makes sense for houses to be owned by companies.

[-] PickTheStick@lemmy.fmhy.ml 4 points 1 year ago

This is a big one, and I'd add in an aggressive tax for owning multiple properties. Make single land ownership ~70% of what it currently is, and each additional property increases all your property tax by 300%. Couple that with getting rid of idiotic exemptions (seriously...I have a friend with parents that owned more than a hundred different properties in a semi-rural area [one that was going to become suburban soon] and paid nearly no taxes because they plunked a few cows onto each one until the development companies paid the big moolah for them) and there would be plenty of homes for everyone. Last report I remember said we had more than enough empty homes sitting around to house every homeless person multiple times over.

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this post was submitted on 08 Jul 2023
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