Because of retarded politicians. Allow private ownership of 1 accommodation and aggressively progressively tax every next one owned. Ban non-private entities from purchasing accommodations or land (except for immediate business related investments of course, i.e. business related construction). Problem solved.
Edit: also you can only own a tax free property in Poland if you are a polish taxpayer (or spend more than 6 months per year living in Poland). Otherwise special high property tax slapped on you. Goal is you must be losing money on this no matter what.
LuckyConstruction546 on
High economic growth = high property growth.
Small towns are still cheap.
LowCall6566 on
Henry George speaks of this. We need to tax land
young_twitcher on
Rome is not a particularly expensive city though
Egzo18 on
Everything works as its meant to – rich get richer, common people suffer more, just like USA
5 Comments
Because of retarded politicians. Allow private ownership of 1 accommodation and aggressively progressively tax every next one owned. Ban non-private entities from purchasing accommodations or land (except for immediate business related investments of course, i.e. business related construction). Problem solved.
Edit: also you can only own a tax free property in Poland if you are a polish taxpayer (or spend more than 6 months per year living in Poland). Otherwise special high property tax slapped on you. Goal is you must be losing money on this no matter what.
High economic growth = high property growth.
Small towns are still cheap.
Henry George speaks of this. We need to tax land
Rome is not a particularly expensive city though
Everything works as its meant to – rich get richer, common people suffer more, just like USA