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Re:Priced out of home ownership – 'It makes me want to throw... by WalterBright on Monday May 27, 2024 @05:31PM (#40494938)
Taxes on rental income are already more than capital gains tax rates.
Re:Priced out of home ownership – 'It makes me want to throw... by jachee on Monday May 27, 2024 @06:15PM (#40495270)
Then they need to be at least doubled, and funneled into individual owner-occupied housing subsidies.
Re:Priced out of home ownership – 'It makes me want to throw... by anon291 on Monday May 27, 2024 @06:35PM (#40495420)
We tried subsidizing individual housing and caused the 2008 recession. It's better to let the homes be owned by those who will pay up whether their renter does or does not. A landlord provides a valuable insurance service in some ways.
Re:Priced out of home ownership – 'It makes me want to throw... by WalterBright on Monday May 27, 2024 @07:04PM (#40495621)
Crushing the real estate business with taxes isn't going to increase the housing supply.
Re:Priced out of home ownership – 'It makes me want to throw... by jachee on Tuesday May 28, 2024 @04:22AM (#40498611)
It will if every AirBNB becomes a place someone can buy.