cross-posted from: https://lemmy.crimedad.work/post/12162
Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there’s still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.
There’s more than enough housing that everyone can afford to own? Why are there homeless people then?
So, so many reasons…
At the individual level drugs are a HUGE reaaon, mental illness, poor care for veterans etc Although there is SOME government housing and charitable housing for people that need it.
At a macro level there is money printing, endless war, corporate welfare, cronyism etc
Let’s face it though we could probably house everyone in Europe within South Dakota alone. Not to mention most homeless people are in extremely expensive areas like LA, Austin, Seattle and New York.
Passing an ill-conceived law that will have unintended consequences should be way, way low on the list of ways to lower housing prices. Especially since it’s highly likely it won’t be enforced properly.
