There would of course be ramping taxes for owning multiple residences, up to 100% once you get past a vacation home or two, but you must know that that’s nowhere even close to being the primary driver of the housing crisis.
If course companies and people owning multiple homes is the driving factor. That’s the only reason it isn’t a buyers market and housing costs have literally over doubled in the past 15 years. Everything has been bought up to be used as rentals or air BNB’s.
Worded like that, an individual can own 1,000 houses.
There would of course be ramping taxes for owning multiple residences, up to 100% once you get past a vacation home or two, but you must know that that’s nowhere even close to being the primary driver of the housing crisis.
If course companies and people owning multiple homes is the driving factor. That’s the only reason it isn’t a buyers market and housing costs have literally over doubled in the past 15 years. Everything has been bought up to be used as rentals or air BNB’s.