this post was submitted on 14 May 2025
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I'll repeat again, I don't need a fucking tax cut. I need the price of housing to start going down.
Increase taxes on property significantly, and use 100% of that money to give everyone a basic income.
This incentivizes both people and developers to be efficient with their housing choices. Using too much housing for the area you live in? You pay extra to help out everyone. Using the right amount? No harm to you. Using less than the average? Here's a payout, thank you.
Prices overall will drop, because it's no longer profitable to simply own a home due to the taxes, and especially not if there's no people in it because the taxes won't be offset by the basic income.
There's an idea I hadn't thought of before. I wonder if there's any studies out there about how much space a single person needs to be comfortable. And how that'd change base on how many others are in the same space. Could be interesting idea to tax people based on their space to people ratio 🤔
Culturally dependent, I'm pretty sure. Housing in Japan can be pretty tiny. Canada's on the large side.
It also depends on the person and their habits: introverts and people who spend more time at home are likely to want more personal space.
For sure, a thorough study of what Canadians need would be helpful to something like this. Could inform what a good space to person ratio could be. Especially in Canada.