Posted on 09/05/2024 4:47:36 PM PDT by Twotone
Out of county owners should be taxed higher.
That might just bring the cost of living for the locals in those areas down.
empty houses are great for property and school taxes. if workers cant afford it... leave.
Fill them with illegal alien Venezuelan gangs. Their complicit NGO's can pay the taxes. Problem solved.
Will Colo. ever run out of Opium [OPM]?
I don’t know how they can charge extra for a vacant house. With no one living in the house, no one is using the roads, the schools, the police force, etc. Utilities still charge a monthly fee even when no one is using any gas or electric.
Short term rentals provide another entire set of problems. I would not want to live in a neighborhood where people are coming and going every week with the possibility of noisy parties, etc, in normally quiet places.
Hey I got an idea. How about these towns allocate some land to and ease restrictions on developers so they can build housing that local workers can afford?
taxation without representation...
I think I’ve seen this movie. When the commies took over in Dr. Zhivago, the “affordable housing committee” (my term) divided Yuri’s family’s fancy townhouse into who knows how many apartments and assigned them to the poor. I’m sure Colorado will apply similar “incentives” to get property owners to “cooperate.”
Colorado, get your balalaikas tuned up, the wonders of socialism are heading your way.
“That might just bring the cost of living for the locals in those areas down.”
Rent $30/month
If you invert the 30% housing formula, workers should get paid $100/month.
The highest cost for local communities is education.
Out of town owner = no kids = zero education cost
In town worker = kids = high education cost.
It is a good thing that math is racist these days.
:-)
My house sat vacant for 16 years before I needed it.
I am going to be bold and say that the housing shortage is the result of government interference in the first place. Otherwise, the market would have adjusted to equalize supply and demand.
Exactly why should the Rich Family pay $8 million for a place if there is an ‘affordable’ housing unit going for $310,000?
Hire live-in maids and cooks for the season. They can follow their employers from Palm Beach and Newport.
I really like this one: It is a good thing that math is racist these days.
Tose who have no local representation in “Our Democracy”?
Renters have the possible option of living anywhere in the USA where they can post the rental deposit and do the work available.
The logical choice should be where their labor profit=wages-rent-taxes is highest.
Why would anyone live in Utica, NY if they could live in Beverly Hills?
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