Submitted by paul-e-walnts t3_125166v in jerseycity
humchacho t1_je5by8l wrote
A drastic increase on property tax for people and corporations owning more than two residential properties that have no permanent resident. You want to run a hotel out of your residential property then you pay a hotel tax like actual hotels. Also too many people owning housing as assets that they keep empty. They are incentivized to treat residential property like the stock market right now and it’s pricing out regular people who just want to have a roof over their head without going into financial ruin.
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