Just curious about your perspective. What would you think are some good ideas on changing the status quo?
I think that outlawing real estate as investments would mean that high to medium density living spaces like apartment complexes or high rises in cities don’t get built, and allowing the government to dole out who gets what properties is another recipe for disaster.
Please don’t take this as confrontational, I’m genuinely trying to consider what alternatives some people are thinking about.
Tax the shit out of residential real estate investments for corporations and anything beyond the first 3 dwellings owned by individuals. Carve out exceptions for apartment complexes.
I wouldn’t carve out an exception for apartment complexes.
Transition apartment complexes to a condo model with HOA fees to cover all the shared upkeep and expenses. Limit HOA fees to real upkeep costs and expenses (no massive profits for a HOA management company).
My sister-in-laws first place was an apartment complex converted to condos. Her mortgage plus HOA fees where the same as the rent on a comparable apartment in he area.
When she got married, had kid, and purchased a larger place 5 years later, she got her down payment plus all of her mortgage payments back (sold it for 10% more than she bought it for).
Stop vilifying the poor, high subsidies and incentives for living in high-density housing including de-incentivizing predatory landlords, increase taxes on the rich, and a sliding scale of taxes on multiple properties with the lowest rates affecting the lowest value properties.
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Just curious about your perspective. What would you think are some good ideas on changing the status quo?
I think that outlawing real estate as investments would mean that high to medium density living spaces like apartment complexes or high rises in cities don’t get built, and allowing the government to dole out who gets what properties is another recipe for disaster.
Please don’t take this as confrontational, I’m genuinely trying to consider what alternatives some people are thinking about.
deleted by creator
Tax the shit out of residential real estate investments for corporations and anything beyond the first 3 dwellings owned by individuals. Carve out exceptions for apartment complexes.
Stop corporations from owning anything other than appartments buildings full stop.
Tax the shit out of anything other than the primary residence.
I wouldn’t carve out an exception for apartment complexes.
Transition apartment complexes to a condo model with HOA fees to cover all the shared upkeep and expenses. Limit HOA fees to real upkeep costs and expenses (no massive profits for a HOA management company).
My sister-in-laws first place was an apartment complex converted to condos. Her mortgage plus HOA fees where the same as the rent on a comparable apartment in he area.
When she got married, had kid, and purchased a larger place 5 years later, she got her down payment plus all of her mortgage payments back (sold it for 10% more than she bought it for).
Stop vilifying the poor, high subsidies and incentives for living in high-density housing including de-incentivizing predatory landlords, increase taxes on the rich, and a sliding scale of taxes on multiple properties with the lowest rates affecting the lowest value properties.