The housing crisis will never end without levying forceful taxes against real estate speculators and investors. A recent report outlines the necessary actions to impose taxes that can actually narrow the wealth gap and alleviate the housing emergency.
I’m 100% on board with this. Hell, why not both?
We could also do a residence + 1 option where your house and 1 other property are taxed reasonably. The any property beyond that is taxed as escalating rates that ramp up significantly for each additional property.
Because the corporations will never allow it