Comment

Comment by astatine

India has a "deemed rent" model where an empty house is assumed to be rented out at an average for the area. This deemed income is then included in calculating income tax (rather than property tax). Compliance is poor but the model can potentially be made to work.

Some cities also have a penalty on unmaintained properties but compliance is even poorer!

parent astatine 6 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton