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’d go further and cap the number of home one should be able to own, to like 2.
How would that work for apartment buildings or 4-plexes?
You usually just own a unit
When people think of two homes the second is usually a cottage or other seasonal property that you can’t really live in while participating in society. So it’s not really taking something away. Sure an argument could be made, but here in Canada if you put homeless people in cottages you’d just have a bunch of people frozen to death by spring.
That’s a big thing at least in the US when people talk about occupancy rates for homes, they often are talking about vacation homes, which are seasonal in nature and in general wouldn’t be able to be lived in year round to begin with. I like the idea of simple higher taxes on assessed value for each additional home you own, with the highest assessed value home having the highest tax rates.
no. “cant really live in” means “needs work to go from 3 seasons to 4.” and then be sold to someone who needs a home.
otherwise it’s a campsite not a “2nd home.”
I assume they didn’t mean seasonal as in “can only be used in certain seasons”, rather that you occupy it for vacation or summer or whatever. Not sure if you are from a non-mountany or very populated country, but where I come from, mountain “hüttes” are a thing and do not contribute to the housing crisis - or at least not in the usual way I can think of. Some people choose to live in those areas, I am very envious of their courage and peace :) But 99% do not make this choice, just use it for winter/summer long get-aways.
again - a huttie or small camp site type thing is not a second home that im talking about. i would not consider that a 2nd home.
a place on the mountains in a vacation town on a culdesac with a hoa that you visit for a month each year is what im talking about. far far diff.