Not a bad way to go.
You are right, land should not be a good investment. A land value tax supports this as it decreases the value of the land, it won't be seen as an investment. Wealthy people and investors hoarding land will only increase their tax burden and thus will not be profitable for them.
- Maintain a central registry of who owns what housing and who lives there (necessary for the policies below). This can be used to audit abuses
- Raise property taxes on vacant housing
- Introduce a new yearly anti-speculation tax that depends on the owner of the unit:
- Canadian citizens: 0%.
- Permanent residents and people with work permits: 0%.
- Companies established in Canada:
- Single-family dwelling: 5%.
- Dwelling between two and 6 units: 2%
- Housing with more units: 0%
- All other assumptions: 10% <-- this includes foreign investors
Why all this bureaucracy? We can simply just shift property taxes to land value taxes. Much more equitable and it would disincentivize speculation and incentivize density. You only need to know who owns which parcel of land so its much less bureaucratic.
Absolutely not! Do that and you'll skip right to the "Extinguish" part in EEE.
The biggest advantage of the Fediverse is the decentralized moderation. People will disagree on what to do with threads ATM. This comment section is proof on the lack of consensus of this.
Besides, this isn't a black and white issue. Some mods may blacklist some accounts on threads and allow others. Or choose to do a whitelist system and only allow certain accounts. There's many compromises that can be made in this area. But forcing one solution for this is harmful and runs counter to the spirit of the fediverse.
The world needs him more than ever today. RIP 😢
Its a separate platform. It could be used to cache YT videos but that's not its primary purpose.
That's weird, I removed the link formatting and now it works on Jerboa. But yeah, that's what I meant, Thanks!
Land value tax would solve this. If the city doesn't want oversized units, tax land.
...and get rid of development charges altogether. Why are we punishing homebuilders with more taxes?
abogical
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I hope so. Subscribe to [email protected] if you haven't already.