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On average you get paid more, even the minimum wage is higher to reflect higher costs
There's already a tax on income that takes this into account.
I'm all for taxing wealth. Not sure starting on family homes is the way to go, though. Maybe start with second/third/etc. homes? And/or higher taxes on profits from rental properties?
JWestland
On average you get paid more, even the minimum wage is higher to reflect higher costs, although I know in practice there's also massive inequality and poverty. Maybe the same percentage of tax on a property would lead to a leveling of house prices.