TheMobyDicks t1_j6o2fdx wrote on January 31, 2023 at 6:20 PM

Reply to comment by WelcomeToTheBough in New Yorkers Never Came ‘Flooding Back.’ Why Did Rents Go Up So Much? by WelcomeToTheBough

3D printed homes are the answer. To their credit, Maine is dabbling with this through Dr. Dagher at UMO. The state should subsidize developers to make large communities of small-ish homes and only sell them to income-qualified folks. To be clear: The state says, "Okay Mr. Developer. You buy the land and we'll kick in X,Y,Z and you can only sell homes (by covenant in perpetuity on each property - in the deed so one can buy and flip at market rate) to buyers that can prove income of 80% area median income (AMI) or less." These are not Section-8 folks. The state alrady has programs for that. These are your firefighters, nurses, cooks. Mostly young, first-time home buyers.

TimothyOilypants t1_j6ofkk1 wrote on January 31, 2023 at 7:41 PM

...and a statewide 10% property tax on non-owner occupied properties and a >50% tax rate on rental income to cover that "X,Y,Z".

👍🏻

_Face t1_j6ol525 wrote on January 31, 2023 at 8:15 PM

Additional tax on out of state property owners. Also corporations can’t own residential properties.

TimothyOilypants t1_j6ozpno wrote on January 31, 2023 at 9:45 PM

If that's "as well" and not "instead of" I fully support it.

Let's abolish "corporate personhood" altogether while we're at at.

TheMobyDicks t1_j6ohitg wrote on January 31, 2023 at 7:53 PM

I'm suggesting no non-owner occupied homes in the project by using a zoning overlay.

TimothyOilypants t1_j6oizuf wrote on January 31, 2023 at 8:02 PM

For taxation, I'm talking state-wide.

WelcomeToTheBough OP t1_j6ohg2m wrote on January 31, 2023 at 7:52 PM

I mean im not against them but mostly worried about the type's just getting by who don't have a pot to piss in so to speak.