> What happens if legislation is passed that more or less prevents people from owning property that's not their primary residence? Like: if you don't live in it more than 190 days a year, you pay a really high property tax on it.
That already exists in a way - there's the concept of a primary residence tax deduction, which is (more or less) what the name sounds like.
It varies widely by jurisdiction, (not just country, but state and local government as well), but the idea of trying to differentiate residents from landlords in tax policy is nothing new.
That already exists in a way - there's the concept of a primary residence tax deduction, which is (more or less) what the name sounds like.
It varies widely by jurisdiction, (not just country, but state and local government as well), but the idea of trying to differentiate residents from landlords in tax policy is nothing new.