YOU DIDN'T NAME ME BUD!
Maybe fewer people faced higher rents since more bought instead. But that would depend on the details of a specific market.
As I said the tax itself won't fix everything. If rents get too high you need to adapt zoning to encourage more duplex and multifamily homes.
Not necessity. Since housing will be cheaper to buy, some will do that instead of rent. So the market of renters will be smaller, keeping rental prices in check.
Maybe. Mostly it'll drive down the rent, since the homes are worth less.
The idea is to make the wealthy sell some of their assets. Thus driving the price of those assets down. If people horde fewer houses, the market of buyers shrinks and prices fall.
Now a 2% tax on certain assets won't solve everything. But its a good start. There will need to be a number of loopholes closed and other taxes targeting the super wealthy, in order to make a real difference.
That's impressive!
And unexpected
You have a checkbook‽
I have no problem with it.
People need to be aware, nothing on social media is private.
On the one hand this kind of thing is great.
On the other, it means they could have been $7500 cheaper this whole time.
By the cops or FBI maybe. The NSA is absolutely recording any and all phone calls that touch five eyes phone networks. That's what Snowdon warned us all about.
Hyundai already makes fake engine noise in the Ioniq 5N. It even simulates gear shifting. From what I've seen in videos it's rather convincing, and fun if your a petrol head.