1) Is already how things work. Every single municipality I've ever seen in the U... | Hacker News

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		lbarrow 36 days ago \| parent \| context \| favorite \| on: US will ban Wall Street investors from buying sing... 1) Is already how things work. Every single municipality I've ever seen in the US offers an owner-occupancy tax abatement. 2) Would just inflate home prices.

derangedHorse 36 days ago [–]

> 2) Would just inflate home prices.

That depends on demand. If no one wants to buy homes at the prices offered, prices will drop.

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