We’re also seeing a rapid increase in commercial vacancies with WFH. But there are big challenges and costs to turning commercial properties into residential.
I’ve heard a lot about the problems. Surely there’s some good ideas for a solution out there?
Honestly I’d scale it. There’s a lot of people who don’t sell their first home when they move into their second and it’s helping them financially to rent it out. I don’t want to go after these people…
Raise the tax per every house you’re doing it with. Make it prohibitive at scale.