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Fucking leeches
(lemmy.dbzer0.com)
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this post was submitted on 08 Mar 2025
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A Boring Dystopia
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Any reason why we can't just change the tax code to make this thing less viable? We disincentive things all the time. Like we can carve out exemptions for situations and things I'm sure but like, this shouldn't be how to run a society.
Yep, easiest way to solve the housing crisis is a scaling tax on property ownership and rent. The first property you own is taxed relatively low, with it scaling exponentially as you add more properties.
If you took every property that individual people owned and gave every one of them other people, we would still have a housing shortage with insane prices for a home. Shitty as most landlords are, the real problem is massive companies that buy up houses.
The higher the supply the lower the prices; we need higher housing supply. We need to reduce barriers to building homes and increase government investment in building new homes.
Around where I live they're slapping up houses literally as fast as physically possible. The infrastructure of the county can't keep up with the number of new neighborhoods and popping up. Traffic is insane and the schools are beyond busting at the seems. The elementary close to my house isn't even 10yrs old and it has almost as many classrooms in t buildings as it does in the school itself. And house prices are still insane.