Comment on How would a wealth tax affect real estate rentals?

<- View Parent
atro_city@fedia.io ⁨2⁩ ⁨days⁩ ago

The idea is to make the wealthy sell some of their assets. Thus driving the price of those assets down. If people horde fewer houses, the market of buyers shrinks and prices fall.

But who will they be selling to? I imagine it will be people who actually want to live in their homes, not just rent them out. Wouldn't that reduce the number of available homes people can rent?

source
Sort:hotnewtop