127
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
71 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] 2 points 3 years ago (2 children)

In the 80s I think there were a few proponents saying that a land tax could replace all other taxes. Very broad based and efficient.

IDK if it was a good idea, it probably would've been good in the 80s IMO.

However, completely retarded in the digital age. Productivity does not require land anymore.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 3 points 3 years ago (1 child)

    Yeah that single tax movement has been around since the 1880s. Replacing all other taxes is maybe a bit extreme but pretty much all economists suggest increasing land taxes including our own Henry Tax review.

    However, completely retarded in the digital age. Productivity does not require land anymore.

    If this was the case land wouldn't make up the majority of "wealth" and we wouldn't be having a housing crisis.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •