No, don’t stop building. The problem is rich fucks and their politician friends who won’t implement any meaningful rules to curb the behaviour.
I’m a fan of the ‘y’all can have one’ rules for home ownership.
Anything after the first should come with cumulative tax penalties, +10% to the total value of your property assessment per property should be sufficient to start. So someone with three $1M homes is looking at a property tax bill of 130%.
We do legitimately need more housing. The population is always growing. The thing is we need sensible mid rise buildings with 1,000 sq ft 2 bedroom units. The hilarious thing is we could build them fast and cheap using modular techniques but the rent would still be horrendous because of the investors.
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No, don’t stop building. The problem is rich fucks and their politician friends who won’t implement any meaningful rules to curb the behaviour.
I’m a fan of the ‘y’all can have one’ rules for home ownership. Anything after the first should come with cumulative tax penalties, +10% to the total value of your property assessment per property should be sufficient to start. So someone with three $1M homes is looking at a property tax bill of 130%.
While I am dreaming, I’d like a pony.
deleted by creator
We do legitimately need more housing. The population is always growing. The thing is we need sensible mid rise buildings with 1,000 sq ft 2 bedroom units. The hilarious thing is we could build them fast and cheap using modular techniques but the rent would still be horrendous because of the investors.