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Could a tax against empty homes help end Australia's housing crisis? (www.abc.net.au)
submitted 3 years ago by to c/australia@aussie.zone
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My first instinct is "yes" but then I thought about it and I think it's just going to exacerbate the short-stay problem unless combined with other measures.

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[–] 13 points 3 years 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.

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