It's not that hard. You make a high property tax, but add a homestead exemption[... | Hacker News

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		ars on June 30, 2014 \| parent \| context \| favorite \| on: Why New York Real Estate Is the New Swiss Bank Acc... It's not that hard. You make a high property tax, but add a homestead exemption[1], if you live there you get a discount on the tax. Either off of the percent or a fixed dollar amount you can deduct. This doesn't help if you want to encourage rentals though. [1]https://en.wikipedia.org/wiki/Homestead_exemption

TheCoelacanth on June 30, 2014 | [–]

If you wanted to encourage occupancy on any kind (including renters), you could tax vacancies instead.

eli on June 30, 2014 | [–]

That would be kinda rough on renters, no?

Raphael on June 30, 2014 | [–]

50% cutoff. As long as a property is half occupied, the tax is zero.

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