Comment by MBCook

Comment by MBCook 3 days ago

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As I said in another comment, there may be situations I’m not thinking of where this would be beneficial. For example buying up extremely dilapidated properties and flipping them for much more money after fixing them up.

So I guess I’m a little cautious about just making it flat out illegal. I don’t know enough about the market to know if that would really be a problem.

So I suggested a tax high enough to make it extremely undesirable to do. I figure the net effect will be to stop it.