Especially when those 2nd, 3rd, + properties are being used as passive short term rentals. Observing the state of the housing situation “Hmm there aren’t enough homes for normal families to each have a chance, I should turn this extra property of mine into a vacation rental.” does this make said person a POS?

  • thisisbutaname@discuss.tchncs.de
    0·
    2 months ago

    There’s a lot to unpack here. My two cents are:

    • progressively higher property taxes for every additional one (probably with an upper limit)
    • restrictions and heavy taxes on short term rentals
    • any house that’s not a permanent short term rental (with associated taxation) and has not been the object of a long term rental for some reasonable amount of time, gets forcibly put on the rental market at a government fixed rate
    • heavy fines for and seizure of properties intentionally left unoccupied to artificially inflate rents
    • Cryophilia@lemmy.world
      0·
      2 months ago

      progressively higher property taxes for every additional one (probably with an upper limit)

      I agree in principle but I think we should clarify whether that additional house is intended for short term rental, lomg term rental, or an additional “vacation” house. I think all 3 should have different taxation schemes.

      • thisisbutaname@discuss.tchncs.de
        0·
        2 months ago

        I’d imagine those would be separate taxes. One is a property tax because you own that property, and then if you earn money from it via short or long term rentals you pay taxes on that.

        • Cryophilia@lemmy.world
          1·
          2 months ago

          I mean someone who owns 4 houses just so he can visit them throughout the year should be paying a higher rate of property tax than someone who owns 4 houses but rents out 3 of them to long term tenants. Probably more in property tax than the landlord pays in property + rental income tax.