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As far as pricing: simply purchase the properties for whatever their value was last declared on tax forms. Can even add 5-10% for good measure. You lowballed the government to decrease tax burden? No problem, that’s the price you get.

This isn’t an anti-millionaire plot, so it doesn’t matter much what he earns. This is a hibernate-then-stimulate plot.

We cannot hibernate if businesses and individuals are getting absolutely gutted at the end of each month.

We cannot stimulate if stimulus checks are going directly into landlords’ pockets.

After this is over, yes, either the government can keep it (as Singapore does) or even sell them back, giving preference to the original owners at the original price (who had been kept employed throughout the hibernation).

The land itself is not charging landlords to hold it, so landlords don’t need to be charging tenants to exist on it (except mortgages/taxes, which would be frozen).




In some states (e.g., California) the taxed value is not equal to the market value. Especially for home purchases made decades ago.


Sounds like a problem that should be fixed by setting the tax value equal to market value.


Prior to 1978, that was indeed the case. Rising property values were kicking seniors on fixed incomes out of their homes, then Prop 13 was passed.




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