If you pay 1% for one house, someone with 2 houses should pay 2%, and a company with 2000 homes should pay 2000%
That would make it increasingly difficult for mega companies to buy up everything and torture the housing market
If you pay 1% for one house, someone with 2 houses should pay 2%, and a company with 2000 homes should pay 2000%
That would make it increasingly difficult for mega companies to buy up everything and torture the housing market
They often do that already.
It reduces the liability when sued. If you do something dumb and owe someone $100,000,000. You just abandon that one property and make that company bankrupt, you don’t lose all your other properties too.