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JuniperMesos an hour ago

How will that tax result in more houses existing?

stavros an hour ago | parent | next [-]

It will result in fewer second homes existing, therefore more first homes.

lovich 44 minutes ago | parent | prev [-]

How will this tax result in less houses available for people with no primary home existing?

It’s a tax on second homes. If a single person sells due to the tax and someone who had 0 homes previously, it’s spread the scarce housing stock.

Not to say we shouldn’t build more but acting like a tax on multiple homes is going to make houses less available to everyone is ludicrous.