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0 pointspcthrowaway3y ago0 comments

Would it not be possible to then tax them on their ownership on that corporate entity, which gets assessed based on its holdings (including, yes, property)?

Or prevent companies from holding real estate as an investment vehicle?

I'm not naive enough to argue that this is a definitively easy thing, but especially when it comes to housing, the poor and middle class are getting completely fucked right now; it's gotten to the point in the crisis where we absolutely need to do something urgently.

0 comments

quietbritishjim3y ago

There's always the next trick. What if that corporation is also saddled with a bunch of debt, such that its net holdings is roughly zero? What if it bought those houses for very little money (from some other friendly corporation) so that, on paper, their value is very low? etc.

j / k navigate · click thread line to collapse

0 pointspcthrowaway3y ago0 comments

Would it not be possible to then tax them on their ownership on that corporate entity, which gets assessed based on its holdings (including, yes, property)?

Or prevent companies from holding real estate as an investment vehicle?

0 comments

quietbritishjim3y ago

j / k navigate · click thread line to collapse