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this post was submitted on 24 Aug 2023
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Economics
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If you own 100buildings, the proper tax burden is that you shouldn't be able to own 100 no matter what the rent would be. The tax burden should be so high that you are losing money for each building regardless of rented status, until you get down to a reasonable number of homes of say 2. And you'll pay a decent amount for that 2nd one if it's in an urban area.