Landlording needs to be less lucrative than a private mortgage or land contract. Jack up the taxes on all residential properties, and grant steep exemptions for owner-occupants only.
True. I would only allow the exemption on 1-4 unit properties. I would allow an on-site landlord to rent out the remaining 1-3 units without losing the exemption.
Renting should be a wildly atypical housing arrangement. “Land Contracts” should replace virtually every circumstance where renting currently makes sense.
Rent. Rent needs to die in a fire.
Landlording needs to be less lucrative than a private mortgage or land contract. Jack up the taxes on all residential properties, and grant steep exemptions for owner-occupants only.
Jacking up taxes jacks up rental prices
Rent control has worked, but it stopped those places getting needed maintenance
My town is trying land tax discounts to landlords that rent out their place sufficiently below market rate
Be very careful with the wording of those exemptions, or you’re going to have an owner living in a tower with 230 roommates.
True. I would only allow the exemption on 1-4 unit properties. I would allow an on-site landlord to rent out the remaining 1-3 units without losing the exemption.
Renting should be a wildly atypical housing arrangement. “Land Contracts” should replace virtually every circumstance where renting currently makes sense.