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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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[–] 1 point 3 years ago*

Stamp Duty now goes to private companies and not the state governments

WTF? When you buy a home, the $40,000 Stamp Duty does not go to the company running the land registry. It absolutely goes to the government.

Maybe the company gets fifty bucks or something. They're not getting $40k.

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