Nope. Private Equity firms have already snapped up all the houses they want.
They could have fixed this easily with taxation. First homesteaded homeand anything on a VA loan is tax free, second home is taxed normally, third home owned is taxed at +5%, fourth +10%, fifth +15%.
No exceptions, no deductions. Not even banks are exempt … want to foreclose on a house? Pay taxes on it.
That would fix things instantly.
Nope. Private Equity firms have already snapped up all the houses they want.
They could have fixed this easily with taxation. First homesteaded homeand anything on a VA loan is tax free, second home is taxed normally, third home owned is taxed at +5%, fourth +10%, fifth +15%. No exceptions, no deductions. Not even banks are exempt … want to foreclose on a house? Pay taxes on it. That would fix things instantly.