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
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
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.
Sure dude. Everyone is lying about not having enough places to live.
THANK GOD YOU WERE HERE TO INCORRECTLY MANSPLAIN SHIT TO US.
Can you guess why some want to live near there work and their kids’ school rather than in the middle of nowhere?
their fault for being employed and having kids
easy way to solve all problems (while not resolving any)
Interesting statement, any non-crazy pointers where I can read about that?
So do I, if they want to pay double the property tax 😊
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’m buying to live there and house my family and I get no exemption because the moment I declare the renovation it triggers a revaluation by the tax and income state department. And I should not get it. It is a property and it has intrinsic value. Deductions should apply if by some reason a person can’t pay the taxes - unemployment, sickness, low income - but never an exemption. Even less if we’re talking in flipping houses, where renovations can push up the value to ludicrous levels. Never. Ever. It’s unfair.