Viewing a single comment thread. View all comments

EasterBunnyArt t1_ixnunx9 wrote

Reply to comment by ibond_007 in Amazon Faces Black Friday Protests, Strikes in 40 Countries by nacorom

Or have the government actually build rent controlled buildings instead of expecting for profits to solve issues through altruism.

40

bikesexually t1_ixoz7jj wrote

The easier and better solution is to have a progressive property tax rate. 1-2 house you pay normal rates. 3-5 houses you pay 5% more. 6-10 houses you pay 10% more. Etc. Those will reduce the number of massive holdings/hoardings and slum lords while increasing available funds for the locality.

9

demmian t1_ixpaidy wrote

Won't that be avoided through nested companies, that each hold just 1 property?

8

EasterBunnyArt t1_ixpwzm6 wrote

Exactly, which is what is happening already. You need to remove tax breaks from nested companies and apply them to all if they are under an umbrella. I recall last year or so Germany had a report on one company having like 50 nested companies.

5

UniversalEthos53 t1_ixoibvd wrote

This exist. It’s called government housing.

2

ibond_007 t1_ixox5y7 wrote

Govt housing is for namesake. There should ramp this up more.

2

UniversalEthos53 t1_ixpujj3 wrote

Actually it’s pretty common. We have a few really nice (way nicer than a lot of the apartments) in TN. Thought they were for rent but couldn’t make more than 30K jointly or single and couldn’t be in school. 1500sq ft for 600$ a month utilities included. It was at this point the lady let me know it was government housing. Place was nice as shit.

1

NeverInept t1_ixpxfka wrote

I’m pretty confident that government project housing has been a disaster in the US. Did you grow up in the projects? Would you like to?

2

EasterBunnyArt t1_ixpygyy wrote

There is a difference between intentionally failing and the overall idea being useless. Just because Republicans have been gutting public investments for decades does not mean other nations haven’t made it work. Hell, a preliminary search in my corner and it seems most government housing is just financing private housing these days. We even have the discussions on NPR here and it will be private building going forward with mandatory fixed affordability. So all in all the public access will still be private but with some expected to be available for cheap. At least for a few years and then we tend to forget about it.

1