If you pay 1% for one house, someone with 2 houses should pay 2%, and a company with 2000 homes should pay 2000%
That would make it increasingly difficult for mega companies to buy up everything and torture the housing market
If you pay 1% for one house, someone with 2 houses should pay 2%, and a company with 2000 homes should pay 2000%
That would make it increasingly difficult for mega companies to buy up everything and torture the housing market
Home owners would complain about property values because they care about unrealized gains more than a working economy.
Im a homeowner and I want my property value to plummet.
I have no intention of selling this place in the foreseeable future, so all those unrealized gains just makes my insurance and taxes cost more.
This. I’m in a flood zone. The house has a cracked wall. It’s a duplex, but the water line broke on the other side. Roots are fucking the foundation. And somehow this is valued at 350k.
Few random gun shots into the ground… Random grafetti… Invite some black/brown friends over…
Get creative and you can lower your property value
Um, no.