America’s housing crisis continues to worsen | CNN Business
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In America, home prices are at record highs while hundreds of thousands are homeless.
  • givesomefucks@lemmy.worldEnglish
    103·
    6 months ago

    That’s why you set it exponentially based on units owned by parent company, maybe break it down as a tax paid by shareholders for huge corporations landlords.

    They could try to pass it on to consumers, but smaller landlords wouldn’t have to pay it.

    Making the biggest get out of the game first

      • givesomefucks@lemmy.worldEnglish
        62·
        6 months ago

        That’s why you set it exponentially based on units owned by parent company, maybe break it down as a tax paid by shareholders for huge corporations landlords.

        That might not have been clear.

        Set it at the parent company level so it’s not easy.

        If they have X amount invested in rental real estate, that can just be taxed then

        Believe me, the tax code for the wealthy is already complicated, they can handle this

        • Eheran@lemmy.world
          2·
          6 months ago

          Then there is no parent company…? Just another random company. It does not need to be complicated and this is far from it. It needs to be such that they can not easily avoid the taxes.