this post was submitted on 20 Jun 2024
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Does it increase per property owned though? They can't keep passing on the tax increase to the tenant if at a certain point they own 1000 houses and now their tax on the last one is 7 times higher than the rent on it.
That's what we should be doing any house after your second gets increased a ton per house. Make it untenable for people to own rental properties. I don't mind someone having a vacation house or two if they can afford it. But nobody needs 10 vacation houses, they're rental or investment properties at that point so fuck them.