points by Den_VR 1 day ago | 0 comments
I suppose my point is mainly to look at the equation from the other side. Sure, “the market” might be more efficient if people without sufficient income, have to leave their houses that are high valued and that allows for more affluent people to live in those homes and pay more taxes.
But we might say it does not feel very humane
- increases in other taxes/other income sources
- decreases in services
- public debt
As someone who shares your view that housing shouldn't be purely market-driven, IMO it's especially important to consider the other side of the equation, because some people invest a lot of time, effort and money to prevent the first option.
One "obvious" income source would be to hire more tax collectors and let them focus on the largest conglomerates, but not like that's ever gonna happen.