this post was submitted on 20 Jul 2023
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My first instinct is "yes" but then I thought about it and I think it's just going to exacerbate the short-stay problem unless combined with other measures.

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[–] abhibeckert 1 points 1 year ago* (last edited 1 year ago)

Stamp Duty now goes to private companies and not the state governments

WTF? When you buy a home, the $40,000 Stamp Duty does not go to the company running the land registry. It absolutely goes to the government.

Maybe the company gets fifty bucks or something. They're not getting $40k.