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I am now idly wondering if "holiday homes" are subject to tax(es) such as VAT in IE or anywhere in the EU? Which EU members exempt or defer property tax based country of "residence"? Certainly, in the construction bubble burst by the panic of '08, vacancy rates dashed investors' and mortgagors' equity aspirations.

Then, public interest in the AirBnB factor of vacancy valuation SURGED, but seems to have fallen through the floor of renters' rights, rental stock, and RE price inflation, directly related to property tax burden. I recall, some US municipalities' (notably tourist destinations) had attempted to restrict homeowner "short-term" leasing by months of own occupancy/year ordinance if not inspection fo mandatory "hotel" licensure.

by Cat on Fri Nov 5th, 2021 at 03:50:54 PM EST

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