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Things are only "trivially worked around" if we let them be.

There is a concept you don't seem to be familiar with called "beneficial ownership". What this means is that if an LLC buys a house, a lot of jurisdictions require the "beneficial owner" to be known and to be taxed accordingly. The beneficial owner may not be on public records (the LLC will be) but the tax authorities will know.

Some jurisdictions don't do this or don't enforce it, which is a big part of why the London property market is the money laundering capital of the world [1].

So what would I like to see?

1. Eliminate the Mortgage Interest TAx Deduction. It's giving money to the wealthy;

2. Increase property taxes for any property owned by an LLC;

3. Require a beneficial owner to be recorded and maintained with tax authorities;

4. Treat any benefical owner or owner of any property in the state to be a tax resident of that state, which means their worldwide income is subject to the income taxes of that state;

5. In any sufficiently dense population area, single family housing ("SFH") zoning should be illegal;

6. A return to multi-family units as this is a class of housing that used to be really common but is now exceptionally rare. I'm fine with landlords to the extent that the landlord lives in the same property and suffers the same externalities from their tenant as their neighbours do. This includes AirBnB too;

7. Higher property taxes for SFHs that don't have an auxillary dwelling unit ("ADU") in any area where the median rent is above some threshold of the median income;

8. Do what Texas does with property taxes for Seniors: you can defer them until your death if you don't want to move. Otherwise you should downsize. We want to do the opposite of what California did with Prop 13 and pass massive tax breaks to Disney and wealthy landowners under the guise of "not kicking seniors out of their homes". In case you didn't know, the tax rate for Disneyland has basically remained unchanged since the 1960s thanks for Prop 13.

That's probably a good start but not egverything.

[1]: https://www.youtube.com/watch?v=gyk12Wf_TeQ




> concept you don't seem to be familiar with called "beneficial ownership"

I own one house, my spouse the next, my mom the next and then we do kids.

Your other ideas are much better. Were I a NIMBY politician, Iā€™d distract from them with this tax idea. (As a Wyoming homeowner I positively love No. 4. Presently, I pay taxes when owed in every state I work in.)


> 1. Eliminate the Mortgage Interest TAx Deduction. It's giving money to the wealthy;

That's literally the most popular deduction in USA; with home ownership rate of ~ 66%t by construction this covers more than half of the income distribution (ie not just "the wealthy" boogeyman)




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