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Is second/third home ownership ethical in this economy? (links.hackliberty.org)

submitted 4 months ago by [email protected] to c/[email protected]

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Especially when those 2nd, 3rd, + properties are being used as passive short term rentals. Observing the state of the housing situation "Hmm there aren't enough homes for normal families to each have a chance, I should turn this extra property of mine into a vacation rental." does this make said person a POS?

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[–] [email protected] 4 points 4 months ago (1 children)

It depends.

I think 1 home per adult is fine, for instance.

I also think some places are designed to be short term rentals and have a heavy tourist local economy.

I personally would like to tie some extra taxes to people that own more than one home.

I’m thinking of buying a property near a lakeside town. Ideally it would be a townhouse or have 2-3 separate houses or cabins on the property; one for me and my SO to live in 2/3rds of year, the others for rentals or guests.

Does that make me an asshole?

[–] [email protected] 2 points 4 months ago

Tax multihome owners on an exponential curve.

Curve gets relaxed as the housed proportion of the population nears 100%.