Re:How to make housing more affordable
by tomohawk on Saturday September 25, 2021 @02:43PM
(#28655231)
These appear at odds with one another.
A large percentage of landlords own a very small number of units each. Many get into this to finance retirement, etc. Taxing this way of life would likely just make less units available for rent, and reduce the number of people in the market for properties, which would reduce the effective demand for housing.
Banning corporations? The smart thing to do when buying a house is to set up a corporation to own the property. The very wealthy will always be able to achieve the sorts of protections this provides - why keep others from it?
A large percentage of landlords own a very small number of units each. Many get into this to finance retirement, etc. Taxing this way of life would likely just make less units available for rent, and reduce the number of people in the market for properties, which would reduce the effective demand for housing.
Banning corporations? The smart thing to do when buying a house is to set up a corporation to own the property. The very wealthy will always be able to achieve the sorts of protections this provides - why keep others from it?