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Cake day: October 30th, 2024

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  • Viri4thus@feddit.orgtoEurope@feddit.org*Permanently Deleted*
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    2 months ago

    Tax property by extra-EU owners at the tune of 10% a year and watch the housing crisis evaporate. In the South of Europe, merican capital has wrecked havoc in the rental market for over 10y now. I distinctly remember Madrid being gobbled up by merican private equity.

    Include a clause for local companies with extra EU private equity, that one will hurt. It’s easy to fudge the accounting when you establish a local shell to parasitise the local rental markets, we need to hone in on shell companies that occlude the real ownership.