• explodicle@local106.com
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    1 year ago

    The housing crisis is caused by property taxes being too low, particularly on land values. Banning small rentals won’t work because they’ll continue to extract rent under longer-term leases.

    We already have plenty of houses. Increase taxes and their market values will drop.

    • brygphilomena@lemmy.world
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      1 year ago

      The housing crisis is caused by many things.

      Ban the ownership of single family residential properties by corporations. I don’t see a world where it makes sense for houses to be owned by companies.