this post was submitted on 26 Mar 2025
1336 points (96.9% liked)
Political Memes
7609 readers
3328 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't like the idea of US government taking the property at below market value, since that would violate the takings clause of the Constitution.
What I would be in favor of is a real estate tax that increases if a property isn't permanently occupied. Something that would encourage people to either reduce rent or unload the property.
It should be a reasonably gradual increase so that landlords aren't penalized if they can't find a tenant in the first or second month the unit is vacant. However if it's been a year they should be approaching the point of owing more in taxes than the property is worth.
Then you can take it for back taxes.
It would also discourage air b2b type arrangements, unless you own and live in the property. No more buying a house so you can rent it out for exorbitant rates.
Annual land tax. The more you hoard - the more you pay.
There are specifically tax deductions for taxes paid on your primary residence, so theoretically there is a higher cost to owning multiple properties, however this cost is simply too low to be much of a deterrence