Current Events > If you own more than one house, you should be taxed to hell and back for it

(+) Yeah! (+)

monkmith posted...

you want to fix the housing problem you need to go after local governments and force them to change zoning laws. in city zoning for single family homes only is a major issue, most cities functionally outlaw new apartment and duplex development.

this

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When the middle class is squeezed dry by heavy taxes while almost all public services still sucks.

You generally see this on countries that tends to be openly corrupt. Check out Brazil's tax rates for their quality of public services.

Disagree.

Corporations buying up houses, yes.

Some middle or low class worker with 2 or 3 houses, no.

Contrary to the hate for landlords, many do enjoy renting over owning. Not everyone wants to own a home, and some of us do regret buying a home.

I personally am selling my 1 house I own because its too much of a headache. I'd rather rent, in the process of moving out to find an apartment. If I could go back, I'd convince myself to not buy my current house.

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Not by itself but it did help. The poor needs the taxes for the services and tends to pay less taxes (with the exception of some countries), the rich gets taxed but they generally do everything in their power to either avoid it or flat out gets GOVERNMENT FUNDING to keep themselves running, while the middle class takes most of the brunt of the rich.

Hell, if one wants to play semantics, you could say that inflation is a tax on holdings. A "hidden tax".

nesplayer posted...

taxation is theft

Nobody wealthy achieved their fortune without stealing.

Spurner posted...

Well, I close on my new house tomorrow, but will still own my current one until its ready to list and sell. Id rather not get taken to the cleaners for the overlap period.

I feel like there should be like a year long grace period.

Spurner posted...

Well, I close on my new house tomorrow, but will still own my current one until its ready to list and sell. Id rather not get taken to the cleaners for the overlap period.

Even if you decided to keep the house, I dont think people like you should be punished for keeping both.

You would hardly be the primary or great reason why the housing market is trash when corporations are doing far more harm buying up entire streets and neighborhoods.

Not to mention we need landlords for people like me who has grown to realize I much prefer renting.

Regardless, those pushing the extreme landlord hate towards someone like you is where we are losing many average Americans in the messaging department. The optics seems to be putting someone like you on the same caliber as a corporation with 100 or even 5 homes. That kind of messaging makes it harder to elect politicians who can market on taxing corporations, because the extremist wing keep getting highlighted.

nesplayer posted...

taxation is theft

You misspelled "property".

Thanatos_the_Great posted...

You misspelled "property".

Like.owning physical property..?

You think that is is theft

ssb_yunglink2 posted...

Like.owning physical property..?

You think that is is theft

https://en.m.wikipedia.org/wiki/Pierre-Joseph_Proudhon

There's no reason to put much of anything on individuals. That's the personal carbon tax version of the housing crisis.

Thanatos_the_Great posted...

You misspelled "property".

Property is theft?

Taxation is property?

Taxation property theft?

One home is enough

Property is theft

Ah dang it. Someone beat me to it hours ago.

My father bought this house.

he is only granted a $1000 stipend under medicare., per his weekly income into retirement.

He is still expected to pay $1900 for property taxes each year. These taxes keep going up each year, too.

Nah. If youre a corporation, sure. But the regular guy deserves a chance to be rich. Property is one such way.

If you do this without making it illegal for companies, charities, NGOs, or other institutions to own residential property, it ends up completely unenforceable because you can just create a company per property.

If you do restrict organisations from owning property, it quickly turns into a complicated regulatory mess where you have to individually approve or vet companies.