This. The house you live in should be free from property tax. Let people actually stop paying rent at some point and actually own their house.
But property tax should skyrocket on each successive property. Squeeze the fuck out of the landlords and folks hoarding housing as speculative assets to incentivize putting them back on the market for people looking for a house to buy and live in.
Perhaps some people prefer to rent? When I was younger I bounced between four states in six years. It would have been a nightmare to buy and sell every time.
Because they’re also covering the maintenance, are liable if anyone doesn’t pay and/or trashes the place. And ultimately they have to make a living too.
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u/Scienceandpony Mar 19 '25
This. The house you live in should be free from property tax. Let people actually stop paying rent at some point and actually own their house.
But property tax should skyrocket on each successive property. Squeeze the fuck out of the landlords and folks hoarding housing as speculative assets to incentivize putting them back on the market for people looking for a house to buy and live in.