this post was submitted on 21 Mar 2025
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Yes, people are sadly dumb and fall for bad messaging. I recognize that as a weakness.
The messaging should therefore be: lower property taxes for normal people by making it progressive and combating tax evasion by foreign investors.
My scheme significantly empowers normal people vs. speculators/investors. Speculators need a positive return to justify their investment.
Therefore, it will basically put a moat around the housing market that greatly benefits owner-occupiers.