this post was submitted on 26 Mar 2025
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Unused housing should be taxed mercilessly.
And single-family homes should have a 100% annual tax on them, unless they are owned by an individual human/family (none of this LLC bullshit) who own only 1 house. Make a 6-month exception for inherited houses just so they can be sold, but otherwise just tax the shit out of them.
Make hoarding housing a liability.
Disagree, my grandfather's home has set vacant for nearly 4 years now after his passing. The estate cannot be wrapped up due to my estranged uncle not believing the property is worthless.
The county keeps upping the tax assessment, and so he's convinced it's worth something and refuses to visit the preoperty.
On paper this is an unused house in reality the roof finally fell in about 6 months after my grandfather died. The county refuses to condem it because they want the tax revenue and my estranged uncle has held up the estate indefinitely with unrealistic expectations.
I wouldn't say my poor as fuck family deserve a 100% annual tax on the assessed value of a near worthless asset.
I imagine the options would be to pay the tax or just, I dunno, get rid of the property? You said it's worthless.
It's a common problem with estates though even if 4/5 people want to sell it for whatever they can get, that 1 person can keep it in limbo for a very long time. If there wasn't a will or trust that explicitly gave someone power (and even if there is in some cases), a few years of nothing happening isn't actually outside the norm.
Sadly, even with a will it can take years to resolve ownership of property after a death.