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Landlords should have to pay income tax on their rental properties regardless of whether they're rented out or not. (gothamist.com)

submitted 1 year ago by Blaze@discuss.tchncs.de to c/personalfinance@lemmy.ml

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cross-posted from: https://lemmy.crimedad.work/post/12162

Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there's still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.

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[–] Aceticon@lemmy.world 5 points 1 year ago* (last edited 1 year ago)

Every single one of all the government measures I've seen to "help people" in the current "tight housing market" is designed to prop-up housing prices and rents, never ever anything which would lower rents or house prices.

In my country they even given money to renters rather than, say, impose rent controls or start large projects building public housing and do this all the while claiming there's not enough money for things like Education.

From my own experience working in Finance every single government measure I've seen on this since a decade ago sure looks a lot like using the power of the State for manipulating the housing market to push prices up.