How severe corporate greed effects our lives?
I appreciate thought provoking comments on this serious question.
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Alabamarednek · 41-45, M
Look at the wall Street dominating the apartment leasing business in urban areas where all the reasonable jobs are and hording the supply by pricing out the lower 30% because they can afford to maintain 25+% vacancy numbers.
New York San Francisco Boston Chicago have no short supply of apartments and rental housing.
That fact that these landlords write the rigged values of their vacancies off their taxes while people are working and homeless is unacceptable.
What we need is municipal monthly vacancy tax penalties at triple historical high asked rental value per vacancy per month in addition to all local property tax obligations.
That would force Wall Street landlords to figure out real market value instead of rigged market value because those are two completely different things.
We also need to vacancy property tax penalties on vacent single residential dwellings to include single family homes and condos that are owned in cumulative quantities of 10 or more. Those penalties need to be set at triple a 30 year 19% monthly mortgage payment of historical high tax appraisal per vacancy per month in addition to ordinary property tax obligations. That will force Wall Street banks stubbornly sitting on forclosed homes they lost money on or wall street landlords trying to convert to condos to evade vacancy taxes to figure out real market value instead of rigged market value because we all know that those are two completely different things.
New York San Francisco Boston Chicago have no short supply of apartments and rental housing.
That fact that these landlords write the rigged values of their vacancies off their taxes while people are working and homeless is unacceptable.
What we need is municipal monthly vacancy tax penalties at triple historical high asked rental value per vacancy per month in addition to all local property tax obligations.
That would force Wall Street landlords to figure out real market value instead of rigged market value because those are two completely different things.
We also need to vacancy property tax penalties on vacent single residential dwellings to include single family homes and condos that are owned in cumulative quantities of 10 or more. Those penalties need to be set at triple a 30 year 19% monthly mortgage payment of historical high tax appraisal per vacancy per month in addition to ordinary property tax obligations. That will force Wall Street banks stubbornly sitting on forclosed homes they lost money on or wall street landlords trying to convert to condos to evade vacancy taxes to figure out real market value instead of rigged market value because we all know that those are two completely different things.