Especially when those 2nd, 3rd, + properties are being used as passive short term rentals. Observing the state of the housing situation “Hmm there aren’t enough homes for normal families to each have a chance, I should turn this extra property of mine into a vacation rental.” does this make said person a POS?
It depends.
I think 1 home per adult is fine, for instance.
I also think some places are designed to be short term rentals and have a heavy tourist local economy.
I personally would like to tie some extra taxes to people that own more than one home.
I’m thinking of buying a property near a lakeside town. Ideally it would be a townhouse or have 2-3 separate houses or cabins on the property; one for me and my SO to live in 2/3rds of year, the others for rentals or guests.
Does that make me an asshole?
Tax multihome owners on an exponential curve.
Curve gets relaxed as the housed proportion of the population nears 100%.