The added tax revenue would also make the rural places these vacation home are in more sustainable for regular residents. And probably keep local governments and even small hospitals solvent.
It might even alleviate the financial burdens that are making that situation almost untenable for them now as real estate markets are corrected and added tax revenue gets allocated into public benefits that could reduce the cost of living. They may benefit from the proposal even if tax rates get increased on subsequent properties.
The added tax revenue would also make the rural places these vacation home are in more sustainable for regular residents. And probably keep local governments and even small hospitals solvent.
It might even alleviate the financial burdens that are making that situation almost untenable for them now as real estate markets are corrected and added tax revenue gets allocated into public benefits that could reduce the cost of living. They may benefit from the proposal even if tax rates get increased on subsequent properties.