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re: Should corporations and foreigners be able to buy houses?

Posted on 9/14/22 at 10:18 am to
Posted by HempHead
Big Sky Country
Member since Mar 2011
55536 posts
Posted on 9/14/22 at 10:18 am to
I'd heavily, heavily restrict the ability of foreigners to purchase property.

As far as corporations, and I do mean ALL corporations (including the family investing LLC or S), I would impose an exponentially increasing property tax for multiple homes, and something similar but less severe for land.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 9/14/22 at 10:30 am to
quote:

As far as corporations, and I do mean ALL corporations (including the family investing LLC or S), I would impose an exponentially increasing property tax for multiple homes, and something similar but less severe for land.


They kind of already do. Homestead exemptions. Problem is the increased cost is just passed on the the customer (renter)
Posted by TigerFred
Feeding hamsters
Member since Aug 2003
27223 posts
Posted on 9/14/22 at 12:40 pm to
So you are against any forms of real estate as investment.


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