Re:Mobile home park residents form co-ops to save their homes
by gruez on Monday April 10, 2023 @09:23AM
(#35511965)
That tilts the housing market (ie. buying/selling houses, rather than leases) to favor resident owners, but it makes it even more expensive for people who have to rent because the tax ends up being passed onto the renters.
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Re:Mobile home park residents form co-ops to save their homes
by alistairSH on Monday April 10, 2023 @10:17AM
(#35512590)
In theory, if it's implemented as a true land-value tax (only taxing the value of the raw land, not the improvements/buildings), that doesn't happen.
But, yeah, somebody with a stronger economics background (than my undergrad degree, which I've never used professionally) would have to do some calculations on whether preventing mass corporate ownership via taxation would be a net positive for the market as a whole.
I tend to suspect it would be positive.