this post was submitted on 04 Feb 2024
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Man we really should have some sort of empty house tax. Our lack of housing supply is definitely exacerbated by all the empty houses.
That would be an orwellian nightmare to monitor let alone dealing with all the disputes in court.
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.
A proper capital gains tax on everything outside the primary residence is effectively an empty house tax.
The AirBnB part needs more regulation though.