Everyone dances around the fact that the government should be building low income housing themselves. We should not be begging the for profit house building industry to fix the problem they've made.
this post was submitted on 04 Sep 2026
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Hear me out: we also count all the subsidiaries company as the same entity of the owner company, now we have less exploits too
If only the people that would make these laws were not the ones profiting from it.
This. Developers like to either get on city commissions or get their friends on them
Be careful who you vote for. And it ain’t always just one side screwing this up.
I own two and I pay a percentage based off the property value.
You should be paying double the rate for both of them, since you have twice as many as you need
This is obviously a taunt but... Why?
Because you came out swinging with "I own two houses" Mr. Moneybags, lmao
One of which had been laying vacant for 30 years and the other for nearly 50.
It's not like I had money gathering dust on the mantelpiece and bought mansions. I went out to buy what I nobody else would. Because it was too old, too shaby, too much of assle to fix.
If you're buying up derelict properties, renovating them, and then selling them, you should get an exemption from property taxes entirely. Many communities already offer such exemptions, and even if they don't, you're getting a de facto exemption as it is because the houses aren't worth shit until you fix them up.
I think it's controversial but I feel like retired people should be allowed to have their cabins.
No qualms here, have as many as they want. Just pay higher tax.
When you're in a housing shortage, you need to curtail slumlords and AirB&B activity or at the very least take the taxes from those markets to help build more affordable housing.
there isn't a housing (significant) shortage though, it's people wanting to live in overcrowded hellholes instead of the middle of nowhere.
Interesting statement, any non-crazy pointers where I can read about that?
Sure dude. Everyone is lying about not having enough places to live.
THANK GOD YOU WERE HERE TO INCORRECTLY MANSPLAIN SHIT TO US.
So do I, if they want to pay double the property tax 😊
Ah but my company doesn’t own a home, my company manages other companies homes, each company own 5 homes each.
I firmly believe every home after your second (let retired people have their cabins) should be taxed exponentially.
The third home should be taxed so heavily that it's prohibitive, and the fourth should be taxed so highly that it's impossible to profit off of.
exponentially
no. at 100% mil rate. ie: its value. every year.
if you can’t afford it, then sell it to someone who needs a home. :)
Should be the same concept with rental units. Taxes should go up exponentially for every unit you own over a certain limit. Of course if there's is a limit to how many homes or units a person can own, they will just create thousands of small corporations to own them.
Have to ban corporate ownership of residential property as well or some other fix.
Make it progressive. First $x is untaxed, $x+y is taxed at some percent, the next $x+z is taxed higher, and so on.
Also build more housing in general.
Everyone is busy building more houses. People are buying them and renting them out and stupid high rates.
We have less of a housing shortage and more of a people buying houses as wealth vehicles problem.
I'd go further and cap the number of home one should be able to own, to like 2.
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