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Vermontess t1_j8r2i9p wrote

Reply to comment by Krusch420 in How Vermont’s Housing Crisis Got So Bad by punkthesystem

Tax unoccupied homes? Or all short and long term rental houses as well?

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Krusch420 t1_j8r6x32 wrote

If you are a Vermont resident more than 1/2 the year I think you should pay lower taxes. If you have a second home rented long term I think you should get more of a tax credit. If you own a home and do short term rentals double all current taxes. If you have a home that sits empty more than 6 months a year triple the taxes.

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Krusch420 t1_j8r77uz wrote

Also the problem with house around here is the Return on Investment is too high. It’s unfortunate that property is an investment that makes more money. As a first time home buyer my barrier for entry is much higher than someone out of state. This drives up the home prices and I can’t compete with out of state money trying to make more money.

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