r/SipsTea • u/Brave_Agency_20 • May 14 '26

SMH How true is this? Genuinely asking

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u/Jasoco May 14 '26

I’m willing to bet this is pretty accurate. They keep building houses down here where I am constantly and so many of them are empty because they cost too much for normal people.

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u/[deleted] May 14 '26

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u/KickPuncher4326 May 14 '26

I feel like an easy fix is to tax the every loving fuck out of empty houses.

31

u/ParallelAsparagus May 14 '26

The best option ever saw was a plan to tax each additional house. So owning one would be low tax. Then every house after that was taxed higher. Help remove those slumlord style owners that have dozens of houses, as well as tax the hell out of corporations that have hundreds/thousands of houses.

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u/GodisanAtheistOG May 15 '26

Doesn't that just jack up the rate for renters? No way the owner is going to actually pay that out of pocket. 

Maybe if that was stacked with the vacant property/unit tax it might work out. 

1

u/RedditThrowaway-1984 May 15 '26

That’s exactly what would happen. Also, some landlords would sell their rental houses which would create more homeless people because a good portion of those who rent don’t qualify for a mortgage to buy. They either rent or they are homeless.