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A comment on Vacant Homes Are a Global Epidemic, and Paris Is Fighting It with a 60% Tax. Parent comment

Re:Vacant Homes Are a Global Epidemic, and Paris Is Fighting... by vidarh on Monday March 06, 2017 @03:01AM (#13801356)
My point was that while that may be true for a small number of properties, the numbers simply does not support the idea that lots of Chinese investors are buying properties and leaving them empty - its a myth (it's not a myth that they are buying).
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Re:Vacant Homes Are a Global Epidemic, and Paris Is Fighting... by petre on Monday March 06, 2017 @07:08AM (#13802142)
Everybody is parking money, not just the Chinese.

French legislation also favorizes the tennants, so the owners would rather keep these places empty than even bother renting. Now the city council is coming up with a tax for a problem created through regulation. Which only proves that career politicians do not even understand the economics behind these issues.

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