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  • Writer's pictureHà Thanh

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then offer an equal per-person deduction for occupied residences which scales in proportion to the number of individuals housed rather than in proportion to income or property value.

This way anyone who is holding vacant land which is not being used to house anyone pays a higher tax for keeping the land idle than anyone who is using the land to provide occupied housing at whatever price people can actually afford. This can be done by any level of government including federal, state, and local.While everyone does deserve a decent place to live, not everyone deserves to a decent place to live exactly where they want to live.The government should just reallocate its budget to better subsidize housing development in areas that severely lack it and can support it, but you cannot honestly ask private real estate development firms to “take one for the team”


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