again… you are thinking like a neolibral.
why would i want to mortgage my house (not an asset) to borrow against.

you are (unknowingly) doing the capitalist work. you say borrow against like it is a good thing. those who borrow against their home, most of the time they have to do it (or they are irresponsible and that way they lose their house).

please before saying anything about this idea, think if your way is “home for a person or a family to live in” or “house as an asset”. anything that is the second it not a point for ordinary people. but it is good for the rentier system and leeches of them.

I am not against taxes. I am against taxes having to do with your primary home (not house asset) price which you only get if you sell and then have to buy even more expensive house if you want a place to live.

if your answer is that they should sell so that others can buy, then you haven’t helped house issue. you just hate people that own a home.

I don’t know why people that are against house being an financial asset, are in favor of property taxes. it does nothing (literally nothing) to lower the price of homes. if someone’s home property taxes gets to high for him then he has to sell it at the current market price to another person that has to do the same. property taxes on your own home (places you live) does nothing for house supply.

now taxing empty houses or rent is a good idea. and not at 1 or 5 percent. at the current income tax rate and do it for corpos too.