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WalterBright
8 months ago
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Priced out of home ownership
Taxes on rental income are already more than capital gains tax rates.
jachee
8 months ago
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Then they need to be at least doubled, and funneled into individual owner-occupied housing subsidies.
anon291
8 months ago
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We tried subsidizing individual housing and caused the 2008 recession. It's better to let the homes be owned by those who will pay up whether their renter does or does not. A landlord provides a valuable insurance service in some ways.
WalterBright
8 months ago
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Crushing the real estate business with taxes isn't going to increase the housing supply.
jachee
8 months ago
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It will if every AirBNB becomes a place someone can buy.
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