a property tax proposal for corporate owned single family houses

[dobleremolque]

12. Complicated, but there are ways to structure it.

Dwellings owned by corporations or trusts composed of [x number of] stockholders or trustees related by consanguinity or marriage could be exempted. It could be structured like a windfall profits tax imposed specifically on corporations like private equity funds that derive [x%] of their revenue from their ownership of single family dwellings that are not owner-occupied. It could apply to corporate ownership of detached homes, patio homes, town homes, condominiums but not to apartment buildings that are specifically designed to be occupied by rent-paying tenants.

Lots of ways to creatively discourage vulture capital from making the housing crunch worse.

Isn't going to happen, but it's a good speculative exercise in taxation policy.