this post was submitted on 30 Sep 2024
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[–] Olgratin_Magmatoe@lemmy.world 69 points 1 month ago* (last edited 1 month ago) (7 children)
  • Corps and foreign investors shouldn't be able to own housing (multi unit should be co-op/market rate nonprofits)

  • Individuals should not be able to own more than 5 homes. (The number is semi arbitrary, but at a certain point it is very clearly hoarding, and therefore shouldn't be allowed)

  • AirBNB and similar should be heavily regulated. (They turn permanent residences into short term, which reduces capacity, and drives up prices all around)

  • Shift to a land value tax system as the primary means of tax collection. What few landlords/scalpers exist after the above changes will have even less room to breathe. And it would punish vacancy, which would put pressure to keep as much housing available as possible.

There may need to be some exceptions. But if changes like this were to occur, we wouldn't have this problem.

[–] ShareMySims@sh.itjust.works 18 points 1 month ago (2 children)

No reason whatsoever anyone should own 5 "homes" (at that point they are not homes, they are a commodity).

Housing is a human right, and it needs to be entirely decommodified.

[–] stabby_cicada@slrpnk.net 10 points 1 month ago* (last edited 1 month ago) (1 children)

Preach.

Housing is a human right.

Private land ownership violates that human right.

All land should be held in trust for the people as a whole and managed by the government for the benefit of the people. Including the houses and apartments on that land.

We should not have private homeowners. We should not have private landlords. We should have socialized housing, just like we should have socialized medicine. Apartment buildings and neighborhoods should be managed by tenant associations, with strict legal limits on their authority over individual tenants, and government facilitators to provide expert advice on building management and keep meetings running smoothly.

But we are a long way from implementing that.

[–] ShareMySims@sh.itjust.works 4 points 1 month ago (1 children)

I think I would swap the word government for collective, but otherwise I completely agree, and yeah, we're a long way away unfortunately. But we can hope, and inform others, and join/invest in projects that are working towards that end!

[–] Buddahriffic@lemmy.world 2 points 1 month ago (1 children)

The government should be the collective. The fact that it isn't is one of the roots of the problem, and the FPTP electoral systems of most western countries keeps it that way.

[–] ShareMySims@sh.itjust.works 2 points 1 month ago

I don't disagree, but I do think the anarchist idea of a government (which is what I personally had in mind) is so far removed from what most people today can envisage when they hear that word, that it's still worth differentiating.

[–] UnderpantsWeevil@lemmy.world 3 points 1 month ago

But consider all the investment banks that would irreparably harm!

[–] AngryCommieKender@lemmy.world 12 points 1 month ago (14 children)

Each successive property beyond one should add an additional 10% to the property taxes. The owner may list them in any order, but you pay 110% for the second property and 200% for the 11th

[–] Olgratin_Magmatoe@lemmy.world 10 points 1 month ago

A land value tax would be a good idea as well, especially if its the main form of tax collection. Each successive property would automatically, drastically increase the cost.

It would become a defacto tax on the rich, while helping to prevent hoarding. Two birds one stone.

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[–] Sauerkraut@discuss.tchncs.de 7 points 1 month ago (2 children)

An easier approach would be to turn every apartment building into a housing co-op.

Capitalist for-profit housing simply should not exist.

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[–] makyo@lemmy.world 3 points 1 month ago* (last edited 1 month ago) (1 children)

I'd even say no more than two properties. Make people apply for a permit to own more than that and put extreme limits on the reasons they could be successful depending on the current market.

[–] Olgratin_Magmatoe@lemmy.world 2 points 1 month ago

I don't have a problem with that either. But yeah, the number itself is semi arbitrary. It should be voted on really.

The vast majority of 'good' landlords are people who were sketchy about investing in stock markets. As they rightfully should be because it requires infinite growth to keep people retiring without serious wage redistribution. But let's kick that football down the road more.

Most of them are old and elderly. There's no way the government forces private land owners to sell off anytime soon though. Let alone the difference in taxing/sales of land ownership vs home ownership. A hard cap on total homes owned would be nice though. People really out to diversify their savings and equity is a huge one.

There's so much good that could be done that starts failing when defacto mini government coops start up though. You'll have a hard time finding the difference between Coop and government owned housing but you'll see people lambast government ownership like we've already seen in this thread lol.

[–] psud@aussie.zone 1 points 1 month ago

My city levies land tax on any land that isn't the owner's private residence

That though really just increases rent, even if rent is unfair already

They have just also added a thing where you don't cop land tax if you rent out a place at sufficiently below market rate

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[–] Maggoty@lemmy.world 35 points 1 month ago (1 children)

Not pictured, all the landlords paying an app to create a higher market rate.

[–] stabby_cicada@slrpnk.net 22 points 1 month ago* (last edited 1 month ago)

It boggles my mind how people still insist there's a "free market" in rent when we have proof of giant property management corporations colluding nationwide to raise rents.

This shit is why we need rent control.

[–] Fedizen@lemmy.world 31 points 1 month ago* (last edited 1 month ago)

Investors and Airbnb have really undermined historical market forces here. also data pricing apps that fix prices between "competitors" should be noted here

[–] TheReturnOfPEB@reddthat.com 29 points 1 month ago (2 children)

One landlord told me he had to charge so much because of his Asian wife was greedy.

Glad that old white landlord can hide is greed behind his racism for his wife's ethnic background.

Rich people are shit people.

[–] Fedizen@lemmy.world 5 points 1 month ago* (last edited 1 month ago)

"I'mma need to be greedy with you because my wife is asian" AKA why capitalists will always side with racism even if its a transparent attempt to bilk people of money.

[–] Lucidlethargy@sh.itjust.works 3 points 1 month ago

What people don't seem to credit enough is the fact that nearly all wealthy people are shitty people. I'm not being facetious. I know a lot of them, and they almost universally believe that they earned every penny of their fortunes.

The rest of us are just lazy. That's how they see everything. Some break the mold, sure... But the grand majority are trash people.

[–] absGeekNZ@lemmy.nz 10 points 1 month ago (1 children)

Nice!

The person in this post is Chris Luxon, the current NZ Prime Minister.

This was posted to Lemmy.NZ a while back see

[–] kaffiene@lemmy.world 1 points 1 month ago (1 children)

It's appropriate because he owns a lot of houses. Recently sold a couple to make half a million bucks tax free 'cos NZ doesn't have a capital gains tax which Luxon Luther thinks would be just terrible for the country... For completely selfless reasons, of course. He's a scumbag and a racist and liar

[–] MisterFrog@lemmy.world 2 points 1 month ago (6 children)

I'm sorry, NZ doesn't have captial gains tax??? Thanks backwards as fuck.

I mean, over here in Australia we give a 50% discount, which is already bullshit in my opinion, for assets held for at least a year, and waived for primary residences under a certain value (which is also bullshit, in my opinion. You'd be getting taxed on the gain only, not sure why living there somehow makes that capital gain special), but no capital gains at all? That's nuts.

[–] absGeekNZ@lemmy.nz 3 points 1 month ago

Hey, hey, hey. This is New Zealand, we can't just bang another hole in the desert to get more money. We have to ~~steal generational wealth from the poors~~ (checks notes), buckle down and work hard; that is the way to get rich!

[–] kaffiene@lemmy.world 2 points 1 month ago

100% it's fucking insane. But welcome to the fucked up world of NZ tax discussions. The RW and the media pillory any discussion about introducing taxes while we have a massive infrastructure deficit and inequality

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[–] frezik@midwest.social 7 points 1 month ago (1 children)

Imagine a hoard of people saying that in a drone similar to "this is extremely dangerous to our democracy".

[–] Lucidlethargy@sh.itjust.works 7 points 1 month ago

Funny how they never mind raising the rent when the market is up, but you never, ever, ever get it lowered when it's down.

[–] Sam_Bass@lemmy.world 7 points 1 month ago

the players are the game. never forget that

[–] gilbert31@lemmy.world 7 points 1 month ago

Just build more housing lol

[–] MehBlah@lemmy.world 3 points 1 month ago

I hate the player and the game. After all why not both?

[–] Etterra@lemmy.world 2 points 1 month ago
[–] Mobiledecay@lemmy.world 2 points 1 month ago

That's one well dressed landlord. Every landlord I ever dealt wore dirty clothes, was missing teeth, and was in desperate need of a shower. 🤔

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