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 🤔
There are studies on that, but they're not super relevant because the appropriate amount of space is determined by how many people want to live somewhere, not based on the specific size.
People are willing to live in smaller places the closer they are to amenities. It's a gradient, not a single value even for each location.
For sure, definitely an interesting way to think of property taxes and how to encourage people to not have frivolous space.
Average square footage of homes:
https://www.newser.com/story/225645/average-size-of-us-homes-decade-by-decade.html
Man, WWII sure happened.
Yup. All that post-war housing built for returning military had an effect on house sizes.