The changes are part of efforts to help young people buy their first home as Poland grapples with a housing shortage.
  • admiralteal@kbin.social
    701·
    11 months ago

    “Multiple properties” is SIX or more?! That is so many properties. In a housing shortage, rich fucks should have to sweat to keep even a single residence unoccupied, but consequences don’t start until six. It’s the right direction, but that is still so bad.

    Every city should just pass big ol’ pied-a-terre taxes. Property taxes for a property operated as a primary residence by the owner should be a low coefficient on the millage rate. Property taxes for places with long-term tenants who call it their primary residence should get a medium coefficient on their millage rate. Properties that are not a primary residence should get a huge multiplier on property taxes. And unoccupied homes should be so expensive as to force a nearly-immediate sale.

    Rent payments up to some reasonable threshold based on prevailing rates should be tax deductible, ensuring most rents show up on the city ledge.
    This helps make up for the fact that renting costs more than owning in a way that targets relief to renters instead of owners without creating crazy incentive structures where rich fucks start selling their own homes to an LLC they rent it back from or other nonsense. Individuals can declare their rent payments absent any action by the landlord; totally under-the-table rent should be very rare.

    All real estate transactions that aren’t resulting in a property becoming a primary residence should have a HUGE sales tax.

    Properties operated as a primary residence should have significant leniency on permitting for infill development – owners living in their own property should have development-by-rights permission to do things like build an ADU. Development led by members of the community infilling in their own community should have a SUBSTANTIALLY lower bar for permitting than development by outsiders.

    • blazera@kbin.social
      54·
      11 months ago

      it’s even worse than that

      “a 6% transaction tax will be imposed on those buying a sixth or subsequent property that is within the same building or in more than one building on the same plot.”

      so you can buy as many properties as you want with no tax penalty, provided you buy from different plots.

      this is just an insult, like giving a food shelter empty food wrappers and saying you gave to a food shelter.

    • sanpo@sopuli.xyzEnglish
      191·
      11 months ago

      Oh, don’t worry, the tax cut only applies to second-hand market and it’s so small it doesn’t change anything for people that couldn’t afford to buy in the first place.

      And the multiple properties tax is so low it won’t really hurt people with enough money to buy multiple properties.

      Still, a small step in the right direction, I suppose…

    • kbotc@lemmy.worldEnglish
      4·
      11 months ago

      Nah, we give primary homeowners a ton of benefits. Like, if you go to sell your primary home, a married couple gets up to half a million in profits that can go untaxed. If you have a second property that’s not your primary, it’s taxed as capital gains.

      There’s a reason primary homes are seen as an intergenerational wealth generating vehicle in the US.

      You also don’t get to claim the deductions on a second home unless you are renting it out, so property squatting is disincentivized in tax law.

      • NumbersCanBeFun@kbin.social
        2·
        11 months ago

        That may be true but I’m still highly concerned about the broader issues with our tax cuts for the wealthy and the accumulated wealth of the upper 1%.

  • _number8_@lemmy.worldEnglish
    201·
    11 months ago

    it’s honestly just painful hearing about civilized countries these days. take me into the cave, strap me in

    • Oneobi@lemmy.worldEnglish
      13·
      11 months ago

      Unfortunately when society shifts to caring only about the individual rather that the needs of everyone, its a path to misery.

      Affordable housing for all is a basic human need.

  • Ismay@programming.devEnglish
    13·
    11 months ago

    This is just for the show. What we need is a 20% tax on the transaction AND 50% on rental revenue.

    I guess it should start at the 3rd property.

      • Ismay@programming.devEnglish
        1·
        10 months ago

        Fair point. A few years ago I would have said they would never be able to increase prices that much but …

        Maybe crank it up even more so it’s not realistically possible ? Second option is to forbid to own more than two properties at all 🤔

  • hamsolo@lemmy.dbzer0.comEnglish
    7·
    11 months ago

    Yet they introduce new type of cheap loan guaranteed by country for people who doesn’t own property. Because of that prices increased almost 20% in 2 months.

    Fuck that government. Maybe some people will not pay 2% but properties are a lot more expensive so people lost again.