There are literally amendments to the Constitution preventing this from happening have you all lost your mind!
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People have vacant home??? Where?
There are 15 million vacant in the US: https://usafacts.org/articles/how-many-vacant-homes-are-there-in-the-us/
...since gross vacancy rate is a measure of all vacant properties — including vacation properties — states with several popular tourist destinations, like Florida and Hawaii, will always register slightly higher rates. The Census Bureau notes that the largest category of vacant housing in the United States is classified as “seasonal, recreational, or occasional use.” In over one-fifth of US counties, these seasonal units made up at least 50% of the vacant housing stock.
Is the movement now to ban vacation homes?
Also note that California, with the worst housing crisis, has one of the lowest vacancy rates, while Maine, Alaska, and Hawaii have among the highest rates. There's not a housing shortage on average, there's a housing shortage in the places people want to live - which largely means the places where they can get jobs.
Hey, I just rented my property for exactly what the council rates and body corporate expenses are. A $160 pw home. Not even a mark up to cover repairs etc, because capital gain will more than cover that. I did it because I hate what is happening in housing currently, especially for young buyers. Now my new tenant wants to delay moving in for 3 weeks, and not pay any rent during that time. /sigh....what scum I am....
try 100%. housing should be covered by taxes.
Meh, they would redefine vacant and claim "their" property isn't affected by the law.
Canada instantly bursting in flames
why do you hate me so?