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SevenSparrowsSing t1_j729vzs wrote

Yes but housing also needs to be cheaper and there needs to be laws that only full-time Vermonters, buying their ONLY home, can live there. Otherwise it will just get snatched up by the wealthy again.

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FearandLoathinginBTV OP t1_j72c1zl wrote

You probably can’t do that explicitly, but maybe they could implement a “Use Tax” where if you don’t personally occupy your home from October - April your property tax is increased by 100% or something similar.

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mrwalrus88 t1_j748v3u wrote

I love the tax the hell out of second homes idea. And it boggles my mind why it isn't done. If we lose some rich people in the process we gain residents who pay income tax and spend their salary in the community.

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landodk t1_j73xmk3 wrote

Unfortunately for second homes it’s a race to the bottom. Want to buy a second house near Stowe or Killington? Tax rate would definitely be a consideration

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Necessary_Cat_4801 t1_j748sji wrote

There's no way I've ever heard of to prevent that from going to the work from home crowd.

1