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Re:L.A. council members propose taxing landlords who leave h... by tobtoh on Friday June 21, 2019 @02:19AM (#20240293)
In Melbourne, Australia, we have a 'vacant landlord' tax and part of what initiated this law was a survey was done of the water consumption of properties in Melbourne - ie little or no water consumption = no one living there.

On that measure, they calculated something like 16% of investment properties were vacant.

https://www.afr.com/real-estate/residential/vic/investors-ke...

Re:L.A. council members propose taxing landlords who leave h... by nolok on Friday June 21, 2019 @02:30AM (#20240348)
Given human nature, the ways laws and regulations are made, and the actual price of tap water in a developed country, I don't see this evolving into anything other than landlord figuring a way for their non rented places to consume enough water to pass the test. I'm happy for you guys if it's working, and maybe I'm too jaded, but I know this wouldn't work here in France, only make things worse.
Re:L.A. council members propose taxing landlords who leave h... by littlestymaar on Friday June 21, 2019 @07:35AM (#20241563)
When designing the law, you just need to consider this possibility as a fraud, and then if you do this you are facing a huge fine or a prison sentence. That's how all taxes work.

Of course some people would still infringe law (#Balkany) but most would not.

I the special case of France: such a law would be really easy to apply, at or least it would without Macron's changes: as everybody living somewhere was paying the «taxe d'habitation», every house without anyone paying for inhabiting it is an empty house. And in practice, with the suppression of the «taxe d'habitation», cities could just raise the level for the «taxe foncière» and it would have the same effect as a taxe on empty houses, without any special work to do.

Re:L.A. council members propose taxing landlords who leave h... by ovi256 on Friday June 21, 2019 @02:57AM (#20240489)
One of the widely available $20 garden watering timers that flushes water down the toilet.

I bet Melbourne already has entrepreneurs selling the installation of this "water surveillance solution" at value pricing: a fraction of the saved occupancy tax!

Re:L.A. council members propose taxing landlords who leave h... by chottocharaii on Friday June 21, 2019 @02:48AM (#20240440)
They also check whether the bond has been lodged at the govt authority (this is mandatory)
Re:L.A. council members propose taxing landlords who leave h... by jay_kyburz on Friday June 21, 2019 @02:28AM (#20240337)
In the ACT we have Land Tax. Doesn't matter if there are tenants or not.

"""Land tax applies to residential properties that are not used as principal places of residence, including all residential properties owned by a trust or corporation. Land tax does not apply to commercial properties."""

Re:L.A. council members propose taxing landlords who leave h... by Causality1 on Friday June 21, 2019 @02:32AM (#20240356)
The question is, what kind of fuckery is going on to make vacant property more profitable than rented property in the first place?
Re:L.A. council members propose taxing landlords who leave h... by baggy_trough on Friday June 21, 2019 @02:37AM (#20240377)
A large number of laws written by people that don't understand economics.
Re:L.A. council members propose taxing landlords who leave h... by threezero on Friday June 21, 2019 @02:54AM (#20240474)
For people who need money in something besides a bank, but don’t want the hassle of being a landlord. So not really profit, but something they feel will appreciate in value.
Re:L.A. council members propose taxing landlords who leave h... by fiter on Friday June 21, 2019 @02:36AM (#20240374)
For multi-unit properties in some California cities: rent control.