Comment on Could a tax against empty homes help end Australia's housing crisis?
noorbeast@kbin.social 1 year ago
It would help a little, but is not a magic bullet resolution for decades of under funding public housing, and tax breaks that have converted housing from a right to a tax break.
PoliticalAgitator@lemm.ee 1 year ago
They’re worse than a tax break, they’re an investment.
So to everyone who has those “investments” (like Boomers who did well, people born into rich families, most policitians and most of politicians friends), house prices spiralling out of control is desirable.
They’ll never let the bubble burst.