That's just inflation and inequality spiral. You'd need to extract taxes more efficiently from landlords.
My idea for that is progressive property tax.
The more property you own, the higher percentage of its value you pay each year as a tax.
My idea for that is progressive property tax.
The more property you own, the higher percentage of its value you pay each year as a tax.
It's so crazy, it just might work!
Also a lot of housing is empty because it's more profitable to keep it empty rather than sell.