Just today, there was a suggestion of having a vacancy tax to developers for unsold homes. However, social media users appear to disagree with this idea, claiming that it may instead increase the price of houses further.
Netizens against tax on vacant unsold homes
Additionally, another user says that this will discourage extra supply, which would mean the availability may be reduced. Some even claim that this will be an additional tax to the middle class of the country.
Others debate among each other regarding the topic. An X user speculates that rental rates can increase. But, those who agree with this proposal say there will be less individuals purchasing multiple properties for investment purposes.
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