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Spain proposes 100% tax on homes bought by non-EU residents

theguardian.com

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Re: Spain proposes 100% tax on homes bought by non-EU residents

#281
post #226

Houses should not be an investment, but only used for what they are: a place to live. That's directly opposed to why someone not local would buy them. This fall short, it should be straight up forbidden, also for EU residents (who are a big issue as well, looking at you German and French people that buy houses, leave them empty all year but 1 month and/or don't even learn the language and traditions of that place)

I think EU is ok as many people actually live somewhere else thanks to EU laws. What should get hard taxed is owning multiple homes. There are people with 100s flats not even under a company but an individual. And companies that do own homes as business should be stevards of properties with max profit margins - it can be good business but not unhinged money printer it is in becoming everywhere.

So, companies should not be allowed to build new multi-flat houses? Or should they be forced to sell them the moment the building is complete?

Re: Spain proposes 100% tax on homes bought by non-EU residents

#282

Earlier quoted context omitted.

> Seems like an argument for internal visas like China's household registration system to prevent excessive migration to the cities With the big difference being the Chinese citizen being denied Beijing hukou is still a Chinese citizen. Madrid should properly first concern itself with Spaniards' wellbeing. (This isn't an argument for or against this policy. Just clarifying why restricting non-EU home purchases is dif…

[flagged]

This is a very accurate take, to consider Canada a country when their own prime minister refers to it as a post nation state (ie. Internal economic zone) and nothing more says it all. I would suggest the reason for the high suicide rates seen in the west is connected to this transition.
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