If you pay 1% for one house, someone with 2 houses should pay 2%, and a company with 2000 homes should pay 2000%
That would make it increasingly difficult for mega companies to buy up everything and torture the housing market
If you pay 1% for one house, someone with 2 houses should pay 2%, and a company with 2000 homes should pay 2000%
That would make it increasingly difficult for mega companies to buy up everything and torture the housing market
If I wanted to give benefit of the doubt, maybe they mean that 2/3 of vacancies are caused by being held empty for speculation. Even that doesn’t make snes to me, though. It’s not like you are unable to sell properties that have tenants.