We’re also seeing a rapid increase in commercial vacancies with WFH. But there are big challenges and costs to turning commercial properties into residential.

I’ve heard a lot about the problems. Surely there’s some good ideas for a solution out there?

  • Talaraine@kbin.social
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    1 year ago

    Honestly I’d scale it. There’s a lot of people who don’t sell their first home when they move into their second and it’s helping them financially to rent it out. I don’t want to go after these people…

    Raise the tax per every house you’re doing it with. Make it prohibitive at scale.

    • Lumberjacked@beehaw.orgOP
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      1 year ago

      That’s not a bad idea. Tax rate is X. First house is X. Second house is XY, third house is XY*Y, etc.

      Problem is property rates are usually city, county, state so you’re not going to see consistency between them.