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shocking idea, it'll never catch on.

is the purpose to alter home ownership or raise revenue? if it succeeds in one, it'll disappoint in the other. this is a problem using taxes to drive policy, they end up with conflicting priorities. e.g. sugar drinks tax, worked wonderfully at reducing sugar in drinks, far more sugar free...

i thought the problem was people want to "stay in the area". moving up north is an obvious solution to not affording one's own home, though not taken up by many.

or, there is not enough rental, keeping rents high. taxing Landlords out of renting certainly doesn't sound like it will have the effect you intend. some additional properties will become available buy, prices might come down a bit. there simply isnt enough housing stock in total in the...