• BassTurd@lemmy.world
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    3 months ago

    Three things would be great for this.

    1. Residential property can only be owned by individuals or a family. No businesses, LLCs, or loopholes.
    2. Insane tax on any additional houses that makes renting not profitable and owning not feasible. Tax scales exponentially with additional properties.
    3. Must be an domestic citizen to own property.

    I’d be okay with slightly elevated taxes on one additional property. There’s room for some luxuries and if the rest of the above happened, there would be plenty of houses available for purchase to those interested and pricing would normalize. There needs to be something carved out for multi family homes or whatever for rent options.