this post was submitted on 18 Nov 2025
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A Boring Dystopia
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unpopular opinion:
I agree with them... kinda.
if you live in your house, that's your home and you should not pay another rent based on its price.
using price of home for taxes causes every government official from mayor up to at best not really care if houses prices go up or actually fight policies that lower it.
I see a lot of people here that advocate for property taxes as a progressive tax but I don't see it that way at all.
my take is government should tax empty houses and rents for landlords.
it is a mistake to follow Neo-liberal thinking of "you are the landlord of you own home" which is prevalent in financial world to make homes investment assets and count rent as GDP which make government be happy that number go up.
I hear here that "boomers" like high price of houses so they "deserve" punishment of high property taxes.
but if you live you own home and don't make money of it, you don't get any positive from house prices going up. most "news" about someone selling their house for a lot of money and going into smaller house is just them needing that money for healthcare and living, not investment.
and this mentality makes a self-fulfilling situation that prevent from actual affordability of houses.
fight for high taxes on empty houses and rents. don't make people living in their own homes renters of government.
You do get positives from your house price going up since you can borrow against the equity.
But property taxes pay for a lot of things, like schools, so if we're getting rid of that tax revenue it has to be made up somewhere. I doubt there's enough investment properties and landlords to make up that difference, and if that ended up being the new source the cities would try to kill personal home ownership.
again.. you are thinking like a neolibral.
why would i want to mortgage my house (not an asset) to borrow against.
you are (unknowingly) doing the capitalist work. you say borrow against like it is a good thing. those who borrow against their home, most of the time they have to do it (or they are irresponsible and that way they lose their house).
please before saying anything about this idea, think if your way is "home for a person or a family to live in" or "house as an asset". anything that is the second it not a point for ordinary people. but it is good for the rentier system and leeches of them.
I am not against taxes. I am against taxes having to do with your primary home (not house asset) price which you only get if you sell and then have to buy even more expensive house if you want a place to live.
if your answer is that they should sell so that others can buy, then you haven't helped house issue. you just hate people that own a home.
I don't know why people that are against house being an financial asset, are in favor of property taxes. it does nothing (literally nothing) to lower the price of homes. if someone's home property taxes gets to high for him then he has to sell it at the current market price to another person that has to do the same. property taxes on your own home (places you live) does nothing for house supply.
now taxing empty houses or rent is a good idea. and not at 1 or 5 percent. at the current income tax rate and do it for corpos too.