this post was submitted on 12 Aug 2023
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In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.

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[–] BedSharkPal@lemmy.ca 30 points 2 years ago (18 children)

Just tax homes past a primary residence like Singapore. We know it works and at least it'll be real obvious those against are the immoral asses we thought they were

[–] clutchmattic@beehaw.org 7 points 2 years ago (4 children)

This is the simplest solution. But the annual property tax on 2+ properties has to bite otherwise corporations hoarding housing stock would just see that as cost of doing business.

The best approach would be progressively higher (like, exponentially) property taxes according to the number of properties held

[–] BedSharkPal@lemmy.ca 10 points 2 years ago (2 children)
[–] RagingNerdoholic@lemmy.ca 2 points 2 years ago

Hot damn. That's how you do it!

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