Property market is pretty crazy down here

  • DaveMA
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    5 months ago

    Man we really should have some sort of empty house tax. Our lack of housing supply is definitely exacerbated by all the empty houses.

    • BalpeenHammer
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      5 months ago

      That would be an orwellian nightmare to monitor let alone dealing with all the disputes in court.

      • DaveMA
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        5 months ago

        Haha yes, it does seem that way. However, there are other places already doing it, so there must be a feasible way of doing it.

        • liv
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          5 months ago

          A proper capital gains tax on everything outside the primary residence is effectively an empty house tax.

          The AirBnB part needs more regulation though.