Re:Redfin Cuts 13% of Staff, Shuts Down Home-Flipping Business
by colinmhayes on Wednesday November 09, 2022 @10:30AM
(#33532984)
How could people rent if it's prohibitively expensive to own multiple homes?
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Re:Redfin Cuts 13% of Staff, Shuts Down Home-Flipping Business
by gadflyinyoureye on Wednesday November 09, 2022 @10:54AM
(#33533388)
They won’t. This means that there will be properties eventually owned by a local taxing authority.
What people don’t get is that you need some houses to sit empty. This allows people to find a place when they move. This allows people to move around within a territory.
Also not all secondary houses are bad. I want to buy a plot of land for a small farm and a place to go in case of hurricanes. Presently there is no house. Should I be taxed for improving land for personal ways that didn’t remove housing?
Many of the comments so far are emotional. We need to do better when making policies.
Re:Redfin Cuts 13% of Staff, Shuts Down Home-Flipping Business
by andsoitis on Wednesday November 09, 2022 @11:05AM
(#33533561)
> Should I be taxed for improving land for personal ways that didn’t remove housing
I’ve never done this so don’t know the answer, but when you build a house don’t you then also start to get government services in support of that house?