Airbnb pay a lot of taxes, dont they? Theyre not going after those because they pay in to the system on top of property taxes.

They want to add extra taxes to the rich because they will pay it.

eater of the list said:

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AlaskanAg99 said:

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eater of the list said:

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Tex100 said:

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https

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Spain is doing this same type of policies as they have a huge problem with a large portion of affordable apartments being bought and used for airbnb investments.

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AirBNB's are an important part of their economy. It houses tourists...which is Spains' biggest economic engine. This kind of policy is a SOP to hotels...which can and do increase their prices without the competition from STR's.

doubledog said:

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Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

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California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

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What if you put it up as a rental property, but charge some ridiculous rent? It is not vacant, you are just choosy on who you want to rent it to.

---

California already chases my mom around for income taxes on revenue she didn't earn here (ie California). She absolutely cannot show a dime of income in California or else the state tax franchise board will show up at her door in Austin. It's not worth the risk or effort

eater of the list said:

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Tex100 said:

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https://www.newsweek.com/new-tax-proposed-for-nyc-properties-what-to-know-11830711

There are already less of them from a few years ago. This should accelerate the trend

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I mean, NYC has a huge housing supply problem, this should help create additional supply to the market and lower housing prices.

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Relax tenant protection laws and costs will go down and supply will magically go up.

TexasAg95 said:

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that video is chilling. To have a marxist muslim just telling people openly that they are taking more of their money.

That tapping the glass thing.....lots of ideas come in my mind as a reaction


And the idiots in NYC elected him. Unreal.

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NYC voters are mostly recent foreigners.

Over_ed said:

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Captain Pablo said:

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Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

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California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

---

Do you know how unsympathetically bourgie this sounds ??

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Because it is government's right to tax your property in order to force you to sell, because they don't like the way you use it? Do you know how unsympathetically communist this sounds ??

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How is the government forcing her to sell?

Sid Farkas said:

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doubledog said:

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Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

---

California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

---

What if you put it up as a rental property, but charge some ridiculous rent? It is not vacant, you are just choosy on who you want to rent it to.

---

California already chases my mom around for income taxes on revenue she didn't earn here (ie California). She absolutely cannot show a dime of income in California or else the state tax franchise board will show up at her door in Austin. It's not worth the risk or effort

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Imagine if they were actually doing that. They would be greeted with shotgun if that were my house.

HarleySpoon said:

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Over_ed said:

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Captain Pablo said:

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Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

---

California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

---

Do you know how unsympathetically bourgie this sounds ??

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Because it is government's right to tax your property in order to force you to sell, because they don't like the way you use it? Do you know how unsympathetically communist this sounds ??

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This is how it is done. We lived in Denmark for a couple of years about twenty years ago. Like most expats at that time, we lived in a relative mansion for a very reasonable lease rate….while our landlord and his family lived in a small apartment a couple of miles away.

Why/how? Because Denmark imputed into your regular income how much you could have rented your house out for if you chose to live in your own house and taxed that imputed income at very high rates. Or you could sign a document giving your house to the government, you could then live in it without lease cost or imputation of tax until you died. When you died, the government would split your house into four units and lease to the general populace.

This is how socialist and communist seize private property….thru taxation.

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Sounds foul.

I see they want to charge Corporations an extra $4K vs personal ownership. IMO Corporations are the ONLY ones that should be paying an extra tax for unoccupied residential property. Corps that suck up properties for investment flipping should be burned at the stake IMO.

eater of the list said:

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Tex100 said:

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https://www.newsweek.com/new-tax-proposed-for-nyc-properties-what-to-know-11830711

There are already less of them from a few years ago. This should accelerate the trend

---

I mean, NYC has a huge housing supply problem, this should help create additional supply to the market and lower housing prices.

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Has this ever worked in recorded history? I know what would increase supply....deportations.

TxAG#2011 said:

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Over_ed said:

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Captain Pablo said:

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Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

---

California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

---

Do you know how unsympathetically bourgie this sounds ??

---

Because it is government's right to tax your property in order to force you to sell, because they don't like the way you use it? Do you know how unsympathetically communist this sounds ??

---

How is the government forcing her to sell?

---

By imposing higher and higher taxes on her, they may make it too expensive for her to continue to own it...which is part of the reason for the taxes.

YouBet said:

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Sid Farkas said:

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doubledog said:

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Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

---

California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

---

What if you put it up as a rental property, but charge some ridiculous rent? It is not vacant, you are just choosy on who you want to rent it to.

---

California already chases my mom around for income taxes on revenue she didn't earn here (ie California). She absolutely cannot show a dime of income in California or else the state tax franchise board will show up at her door in Austin. It's not worth the risk or effort

---

Imagine if they were actually doing that. They would be greeted with shotgun if that were my house.

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I've heard, third hand about people in NV and AZ getting visits...Grok seems to bear me out.

TexasAg95 said:

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that video is chilling. To have a marxist muslim just telling people openly that they are taking more of their money.

That tapping the glass thing.....lots of ideas come in my mind as a reaction


And the idiots in NYC elected him. Unreal.

---

A country with 0 marxists and 0 muslims > a country with even one of either.

Just transfer the title to a Trust, problem solved.

TxAG#2011 said:

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Over_ed said:

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Captain Pablo said:

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Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

---

California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

---

Do you know how unsympathetically bourgie this sounds ??

---

Because it is government's right to tax your property in order to force you to sell, because they don't like the way you use it? Do you know how unsympathetically communist this sounds ??

---

How is the government forcing her to sell?

---

By raising taxes on her. Read the article - driving out owners is a primary purpose of the tax.

I'm not going to get into an argument with you about force, btw. I guess you could argue that even if they raised the taxes to $1 Million per year, no one is forced. Only "encouraged" right?

one safe place said:

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TexasAg95 said:

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that video is chilling. To have a marxist muslim just telling people openly that they are taking more of their money.

That tapping the glass thing.....lots of ideas come in my mind as a reaction


And the idiots in NYC elected him. Unreal.

---

A country with 0 marxists and 0 muslims > a country with even one of either.

---

They are getting exactly what they voted for.

Sometimes, the only way you can get an idiot to learn is to give them exactly what they want.

I hope they get it in spades for the next 4 years.

Ag with kids said:

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TxAG#2011 said:

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Over_ed said:

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Captain Pablo said:

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Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

---

California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

---

Do you know how unsympathetically bourgie this sounds ??

---

Because it is government's right to tax your property in order to force you to sell, because they don't like the way you use it? Do you know how unsympathetically communist this sounds ??

---

How is the government forcing her to sell?

---

By imposing higher and higher taxes on her, they may make it too expensive for her to continue to own it...which is part of the reason for the taxes.

---

So kinda like Texas where we tax non-homestead at a higher rate? I am not sympathetic to the grandma with 2 houses.

TxAG#2011 said:

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Ag with kids said:

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TxAG#2011 said:

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Over_ed said:

---

Captain Pablo said:

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Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

---

California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

---

Do you know how unsympathetically bourgie this sounds ??

---

Because it is government's right to tax your property in order to force you to sell, because they don't like the way you use it? Do you know how unsympathetically communist this sounds ??

---

How is the government forcing her to sell?

---

By imposing higher and higher taxes on her, they may make it too expensive for her to continue to own it...which is part of the reason for the taxes.

---

So kinda like Texas where we tax non-homestead at a higher rate? I am not sympathetic to the grandma with 2 houses.

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It's more accurate to say we discount your primary home and those homestead exemptions are discounted at varying rates at the county level so they aren't uniform, and then if you have a second home it gets taxed at normal rates.

NYC law is increasing their normal tax rate even higher because you are rich, so it's different.

(I have to assume there are no homestead exemptions in play on second homes in NY).

javajaws said:

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I see they want to charge Corporations an extra $4K vs personal ownership. IMO Corporations are the ONLY ones that should be paying an extra tax for unoccupied residential property. Corps that suck up properties for investment flipping should be burned at the stake IMO.

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Way to generalize and lump everyone together using a rather irrelevant metric. Many small potatoes people form corporations for their rentals. It's not necessary to have for a rental, but it's certainly not a reason to lump anyone with a corp in with large real estate investment corporations. I personally have an LLC for my commercial property in California, and I would form a corporation if I had any residential property in California. Here in Idaho, that's probably not necessary, but in places where protecting yourself requires a few extra steps, it's a small effort to provide a small amount of extra protection. If I owned an Airbnb property anywhere, I would ABSOLUTELY incorporate. People with these properties have too much to lose not to at least consider forming an LLC/s-corp, so you'd be burning regular people at your stake along with your intended targets. But I guess screw them too, eh?

TxAG#2011 said:

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Ag with kids said:

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TxAG#2011 said:

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Over_ed said:

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Captain Pablo said:

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Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

---

California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

---

Do you know how unsympathetically bourgie this sounds ??

---

Because it is government's right to tax your property in order to force you to sell, because they don't like the way you use it? Do you know how unsympathetically communist this sounds ??

---

How is the government forcing her to sell?

---

By imposing higher and higher taxes on her, they may make it too expensive for her to continue to own it...which is part of the reason for the taxes.

---

So kinda like Texas where we tax non-homestead at a higher rate? I am not sympathetic to the grandma with 2 houses.

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Well at least you're clear and honest about what kind of person you are in real life.

stardustag said:

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Just transfer the title to a Trust, problem solved.

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Can a trust file for a homestead exemption in texas?

4 said:

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one safe place said:

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TexasAg95 said:

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that video is chilling. To have a marxist muslim just telling people openly that they are taking more of their money.

That tapping the glass thing.....lots of ideas come in my mind as a reaction


And the idiots in NYC elected him. Unreal.

---

A country with 0 marxists and 0 muslims > a country with even one of either.

---

They are getting exactly what they voted for.

Sometimes, the only way you can get an idiot to learn is to give them exactly what they want.

I hope they get it in spades for the next 4 years.

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I do as well, but hope we don't wind up bailing them out. Same with California.

halfastros81 said:

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How is it that the Governor of the State can propose taxes on real estate in a specific city? Seems to me it should be statewide or not at all . Otherwise it should be a city tax should it not?

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Albany controls the NYC purse strings and does carve outs for them. For example, there is a state income tax and there is an additional NYC income tax for residents on top of that.

This wasn't always how it was, but after many years of corrupt NYC mayors and officials stealing taxpayer money (think Tammany Hall), Albany took over the NYC purse strings.

Owlagdad said:

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500 million a year in extra taxes!
Thats a few dinner parties for the communist elite, salaries for overseers and enforcement officers, couple of million to repair companies owned by donors.
They would burn right through that 500 million and be back for more!!

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$500 million wouldn't even cover the Learing Center's cell phone bills for a month.

bmks270 said:

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eater of the list said:

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Tex100 said:

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https://www.newsweek.com/new-tax-proposed-for-nyc-properties-what-to-know-11830711

There are already less of them from a few years ago. This should accelerate the trend

---

I mean, NYC has a huge housing supply problem, this should help create additional supply to the market and lower housing prices.

---

Relax tenant protection laws and costs will go down and supply will magically go up.

---

True, but it goes way beyond that. Severe restrictions and regulations on adding supply, or requiring new high rise developments to have a percentage of new rent controlled units as part of the development. It takes several years from deciding to develop a new property to getting it built and occupied. In Manhattan it's understandable to a degree given the complexity of various underground rights of way below a construction site (subway, electrical, water, sewer, communication conduits; lower Manhattan even still has a steam heating system run by ConEd), but that doesn't begin to account for the years it takes. I was always amazed at the number of different building permits posted for new construction there, typically 50, 60 or more different permits.

At the end of the day, this isn't about getting people to sell second homes to increase supply though.

A islamist communist doing what islamist communist do. Remember lbj, "take from the rich and give to the poor". How has that worked out.

How much of that 30+M for the "free grocery store" is going back to commie mandani?

TxAG#2011 said:

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Ag with kids said:

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TxAG#2011 said:

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Over_ed said:

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Captain Pablo said:

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Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

---

California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

---

Do you know how unsympathetically bourgie this sounds ??

---

Because it is government's right to tax your property in order to force you to sell, because they don't like the way you use it? Do you know how unsympathetically communist this sounds ??

---

How is the government forcing her to sell?

---

By imposing higher and higher taxes on her, they may make it too expensive for her to continue to own it...which is part of the reason for the taxes.

---

So kinda like Texas where we tax non-homestead at a higher rate? I am not sympathetic to the grandma with 2 houses.

---

I wouldn't expect a socialist to be sympathetic.

I was just explaining the situation.

Burdizzo said:

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stardustag said:

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Just transfer the title to a Trust, problem solved.

---

Can a trust file for a homestead exemption in texas?

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Yes.

I have my house in a trust.

Sid Farkas said:

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https://www.msn.com/en-us/money/realestate/owners-keep-thousands-of-san-diego-homes-vacant-despite-high-rents-they-could-soon-be-taxed/ar-AA20pFXi?ocid=BingNewsSerp

Quote:

---

California's second-largest city is set to take dramatic action.

In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant, or non-primary, homes a revenue bid that officials insist could raise millions and return some empty residences to the housing market.

---

Oakland is already doing it…My mother who is too old and feeble to travel from Austin to her second home in SD is facing an additional $8k annual tax. She's hustling to get family and friends to spend time there to avoid it.

---

Have your Mom make her San Diego home available for your Texag 'friends'. I bet it would be well occupied.

Babylon Bee will prove prophetic in a few weeks

Mamdani Looking Into Whether He Can Tax Residents Of Other Cities https://t.co/VJVpAbqLST pic.twitter.com/NjM9I9OlCq

— The Babylon Bee (@TheBabylonBee) April 17, 2026

Quote:

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Furthers my belief that auto withholding from paychecks should be illegal. Make everyone write a damn check to the government and see how small government everyone becomes.

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While we are all pointing the finger just a friendly reminder that there is no Private Property in Texas and 2nd homes are taxed at higher rates.

FIDO*98* said:

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While we are all pointing the finger just a friendly reminder that there is no Private Property in Texas and 2nd homes are taxed at higher rates.

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Actually, primary house is discounted and second house is taxed at normal rates. Reminder that I already pointed that out.