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Could a tax against empty homes help end Australia's housing crisis? (www.abc.net.au)
submitted 1 year ago by TassieTosser@aussie.zone to c/australia@aussie.zone
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My first instinct is "yes" but then I thought about it and I think it's just going to exacerbate the short-stay problem unless combined with other measures.

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[-] PoliticalAgitator@lemm.ee 13 points 1 year ago

They're worse than a tax break, they're an investment.

So to everyone who has those "investments" (like Boomers who did well, people born into rich families, most policitians and most of politicians friends), house prices spiralling out of control is desirable.

They'll never let the bubble burst.

this post was submitted on 20 Jul 2023
126 points (99.2% liked)

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