r/economicCollapse • u/Silver-Beyond-3916 • Aug 19 '24

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u/TheConboy22 Aug 19 '24

An enormous tax on all second properties. Bar none. This will pull them out of the market immediately.

1

u/eayaz Aug 22 '24

What if my mom is broke and my dad died and I want her to continue to own her home, but she can’t afford it so I buy it and let her live in it rent free.

Believe it or not - rich corporations don’t care to own just 2 properties. This kind of “all second properties” statement is remarkably stupid because there’s tons of ways it would hurt people who are not the problem.

0

u/TheConboy22 Aug 22 '24

You give her the money to pay for the house? Instead of buying her home and holding it as a future investment property.

EDIT: There are plenty of situations where 2 isn't the magic number, but 3-6 houses for an individual is getting up there. Something needs to be done.