this post was submitted on 18 Aug 2024
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(page 2) 33 comments
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[–] [email protected] 48 points 2 months ago* (last edited 2 months ago) (7 children)

Should be illegal to own more than two homes honestly. Especially if you're using them as rental properties. You should get one rental property and that's it. The rest must be residence

[–] [email protected] 15 points 2 months ago

This would be a much better policy than OP's "over 10", since 82% of investment home purchases in Q2 2023 were to those with 9 or fewer houses. Investment purchases made up about 24% of all home purchases.

[–] [email protected] 1 points 2 months ago (2 children)

It'd be tough finding rental properties in cities with apartment buildings. Or you'd have mishmash of owners which could make it harder to deal with them and possibly get them built.

Definitely would be interesting seeing how the market would deal with it.

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[–] [email protected] 7 points 2 months ago (2 children)

Shouldn't even be allowed one property intended for rental honestly.

[–] [email protected] 9 points 2 months ago
  • single family dwellings – maximum of two
  • multi-family dwellings – landlord is required to live in the same building as tenants
[–] [email protected] 5 points 2 months ago (5 children)

I'm fine with renting as it spares me all the hassle that comes with owning. I live in Germany where renting is heavily regulated and it works so good that nearly 60% of the people over here never own any of the flats or houses they happily live in.

Ten should be the max number as that represents an average apartment house over here.

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[–] [email protected] 6 points 2 months ago

But unironically

[–] [email protected] 3 points 2 months ago

Lots of terrible ideas haven't been tried.

[–] [email protected] 68 points 2 months ago (1 children)

I hope thats "10" in binary

[–] [email protected] 43 points 2 months ago* (last edited 2 months ago) (2 children)

I'm not against people having a second or third home, as I don't see the class above mine (a farmer getting a side hustle from his family house now that his kids have moved away) as particularly threatening or exploitative.

It's the faceless class above that I hold issue with, coordinated rent seeking behaviour to the degree of being able to fix prices in an area. These do tend to be in the "10+ homes" category

[–] [email protected] 4 points 2 months ago (1 children)

If you own 9 homes you're as much of a piece of shit as someone who owns a hundred

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[–] [email protected] 11 points 2 months ago

It depends. If you own a second home just as an AirBnB, you’re part of the problem and should be eaten after the millionaires…

[–] [email protected] 87 points 2 months ago (2 children)

No one should get a second home until everyone's had their first.

[–] [email protected] 19 points 2 months ago (1 children)

Except for the first one, each next home should be taxed exponentially higher.

[–] [email protected] -2 points 2 months ago (2 children)

All homes should be taxed based on land value rather than property value.

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[–] [email protected] 20 points 2 months ago

I love the binary in the newscast. Anything more than 10 homes should be illegal.

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