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Comment on Assuming an average value of $500k per-house, a millionaire could own two houses and a billionaire could own the entire neighborhood

morto@piefed.social ⁨11⁩ ⁨hours⁩ ago

That’s why I believe there should be a legal limit to how many houses one can own. Even if this could be easily bypassable by registering in the name of family members, it would hardly reach such proportions

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chicken@lemmy.dbzer0.com ⁨9⁩ ⁨hours⁩ ago
Rather than a hard cap, I like the idea of property tax rates that go on an exponential curve depending on how many houses you have beyond the one you live in, which are used either to subsidize building more housing or somehow redistributed.

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