You can set up your tax system so that you raise a lot of public money from foreigners using your real estate. Be that Chinese tycoons parking their money in London apartments, or digital nomads renting a large house in the countryside.
It's really straightforward: a high enough property tax will do it automatically. Or if you want to get fancy, use a land value tax, which is like a property tax, but you get a discount for the value of the building.
alt Hacker News
And that's a big shame!
You can set up your tax system so that you raise a lot of public money from foreigners using your real estate. Be that Chinese tycoons parking their money in London apartments, or digital nomads renting a large house in the countryside.
It's really straightforward: a high enough property tax will do it automatically. Or if you want to get fancy, use a land value tax, which is like a property tax, but you get a discount for the value of the building.