61–65 of 65 posts
Usually this would be welcomed for housing, because e.g. the Chinese are funding local housing construction at ridiculous prices but Americans hate each other so they try to pull up each other's ladder.
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Which form do I file to claim that my empty house is not actually empty?
Maybe demand the electricity bill? How do insurance companies deal with this kind of misrepresentation?
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> In my circles, everyone buys a house to live in it and that's it. Really? Are they buying the tiniest cheapest apartments or chalets to live in while they save up money to upgrade to something bigger later? Or are they buying the biggest and best thing that the bank will allow? Because I'm mostly seeing the latter. Which means they are using the monetary system to get the best deal they can. The only people purchas…
I currently live in Italy and always lived in an European city. Most apartments are tiny here.
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Taxing empty housing seems like the obvious answer. Make it more expensive and more work to keep it empty than it is to fill it.
This wouldn't be necessary if we weren't using zoning to restrict supply . The restrictions are what cause scarcity, and it's the scarcity that drives up prices. Land owners are already well incentivized not to let housing sit empty, unless their housing's value is being artificially pushed upward through the scarcity we create. Basically, if we quit creating the housing problem with zoning restrictions, you wouldn't…
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This wouldn't be necessary if we weren't using zoning to restrict supply . The restrictions are what cause scarcity, and it's the scarcity that drives up prices. Land owners are already well incentivized not to let housing sit empty, unless their housing's value is being artificially pushed upward through the scarcity we create. Basically, if we quit creating the housing problem with zoning restrictions, you wouldn't…
Having had a second to think, it's rent control that's the issue, so the solution would be to get rid of that. Totally politically untenable, but rent control is why landlords are incentivized to leave places vacant.