this post was submitted on 16 Oct 2024
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And as the article says - this data is only from individual tax returns. It doesn't cover companies.

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[โ€“] Fleur_@lemm.ee 9 points 5 days ago (1 children)

I would rather have it be a case of everyone gets a house before anyone gets a second, regardless of an individuals economic ability.

[โ€“] Taleya@aussie.zone 2 points 5 days ago* (last edited 4 days ago)

Taxing tends to even that out. Increasing the % for every property over ppr.

Of the multifacets there are two bigguns: the cash cow of investment properties and tax breaks, and developer landbanking and artificial restriction of supply on new builds.

Tax the shit out of both of these.