this post was submitted on 16 Jan 2024
2482 points (97.8% liked)

Memes

45719 readers
1057 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] ShouldIHaveFun@feddit.ch 19 points 10 months ago* (last edited 10 months ago)

In Switzerland we have a tax when selling a house on the value it gained since you bought it. So if you buy a house for price X and you sell it for more than that, you will be taxed on the price difference. Even if the price difference is just because of market fluctuations.

This is probably a better solution against flippers, since only those making money by increasing house values are taxed. The tax can then be made more or less aggressive as needed.

Edit: here are some more explanations about how this tax works https://www.ch.ch/en/housing/homeownership/taxation-of-real-estate#are-you-planning-to-sell-your-house-or-apartment