Clearly someone recognised that as soon as they gain power. A lot of land lords would start refusing to rent. In the hope of creating a housing shortage and forcing the gov to reset.
The taxation forces them to either rent or sell. And sell at a reasonable price given changes in the market.
It prevents wealthy property owners trying to hold the gov hostage.
The taxing empty property 2x is smart.
Clearly someone recognised that as soon as they gain power. A lot of land lords would start refusing to rent. In the hope of creating a housing shortage and forcing the gov to reset.
The taxation forces them to either rent or sell. And sell at a reasonable price given changes in the market.
It prevents wealthy property owners trying to hold the gov hostage.