The houses are worth a whole lot less money given the risks of extreme weather and fire.

This was entirely predictable. It’s been well publicised for decades.

Bailing out companies is obviously not the same as bailing out people.

I’m not really sure it’s as easy as “building to a new standard”. For suburbs prone to inundation it may be that there’s little that can be done on the residential property itself.

I think the core of this issue is money. It’s going to cost a lot of it for people to live in these risky areas.

In my view, living in those places should not be subsidised by everyone else. That means everyone else’s insurance premiums should bear the cost of those heightened risks. If someone wants to build a house to a higher building standard in order to have it insured then so be it.

… but that’s the type of people that these comments are talking about?

I personally do not own multiple houses.

[For example] I declare our actual home…

Sorry what is a Padrón? A letter you have to take to the police station?

This comment chain is not specifically about non-eu residents.

Letters do not confirm where someone lives. It would be trivial to work around that.

This might shock you, but if you announced a law whereby everyone has to go to the police station once a year to confirm where they live there would absolutely be blood in the streets. It’s a ridiculous over reach and a gross invasion of privacy.

In tax legislation the goal is to be broad based, which means easy to administrate and difficult to avoid.

The solution to this problem which people have been talking about since the 1940s is land tax. Tax the fuck out of all land, but allow people to apply for an exemption for 1 property. It will never become law because the powerful people that make law own property and do not wish to pay tax.

That’s not really relevant.

The proposition is to tax people who own property but do not reside there in.

My question is how does the Gestapo know where an owner lives.

For example, if my wife and I own our home and have a holiday home by the sea, we would simply say that one of us resides in the holiday home, and it’s not practically possible to disprove that.

Maybe. That doesn’t really help all of the existing buildings though.

Fewer people are becoming more wealthy.

There may be more billionaires but as a portion of the population that’s reducing.

That’s not how wealth concentration works.

I’ve had similar thoughts myself.

Basically, you can’t use a legal process to dispose of someone that the voting public want to be president.

The comment I replied to isn’t really talking about foreign ownership, but ownership in general. That is, owners need to live in the properties they own or pay taxes. Obviously many locals have never left the country and never cleared customs.

Additionally, most countries don’t bother to stamp your passport anymore, a kiosk just scans the chipped page in your passport and takes your photo.

Finally, a yearly in-person mandate to check where people are living is absolutely bonkers. Absolutely no one wants the gestapo coming to their house every year to confirm that they really live there.

The number of people who have so much money that they don’t have to care about how it’s spent are infinitesimal.

Hah. More likely you’re just painfully aware that it is indeed a dumb idea and realise that it’s pointless trying to defend a poorly considered brain fart on Lemmy just because you don’t want to admit you were wrong.

Honestly. Every city in the world is trying to ease the cost of housing burden but no one is doing this. I wonder why.

Some 18 year old economist blurts this out in any thread about housing to the applause of all the /r/antiwork dog walkers.

Hmm, it’s not “pointless”, I just wouldn’t buy one given that it’s inevitably going to be prone to failure.

I guess we will find out in 5 years or so.

Even wealthy people aren’t going to buy a home they can only sell for half the price they paid.

Most people don’t live alone though.

I declare our actual home as my residence, my wife declares our holiday home as her residence, my daughter who lives in an apartment she owns lists her boyfriend as the tenant and she declares our other holiday home as her residence.

Also, what about people who legit need a second dwelling. Loads of people have an apartment in the city for the work week and a home in the country for the family, or split their time between two cities for business / work reasons. Are these situations illegal now?

It’s just a dumb idea that sounds edgy that you haven’t really thought through.

I guess we don’t go to the same libraries?

What even is your angle here? No one cares what you think about my set up, my self least of all.

They do not.

I suspect it’s a legal thing.

Banning foreign ownership probably contradicts some centuries old precept of international law.

My wife or son or daughter or nephew would certainly be willing to declare my holiday home as their residence. They probably spend some time there anyway.

I don’t understand.