Summary
A 24-hour general strike in Greece on Wednesday shut down transport, schools, and government offices as workers protested high living costs.
Unions are demanding a 10% pay raise and the return of holiday bonuses cut during Greece’s financial crisis.
They accuse Prime Minister Kyriakos Mitsotakis of not doing enough to tackle inflation, despite recent minimum wage increases.
Hospitals operated on emergency staff, while protests and marches were planned.
Many say wages have not kept up with the rising costs of energy, food, and rent.
Ehh…I’d rather a progressive tax system. I.e. tax rate increases with number of units.
Both of my landlords have been small private operators. First one owned a multi-family right behind his house and rented out the whole thing below market rate to friends and family.
Second one was closer to market rate but was the only property he had and landlording was supplementing fixed income.
I’ve got friends planning a long-distance move and renting when they arrive and for the foreseeable future. They own a home here (in a much higher COL area), and know eventually they will probably have to move back (aging relatives).
They recognize that if they sell now, they’ll never be able to buy another house when that time comes, but also think market rate for rent is insane compared to what they pay for mortgage now or rent in their new location.
I don’t think people in either situation should be excessively taxed. There will always be a need for people to rent a home. As such there will always be a need for someone to rent them. But it shouldn’t be a high-profit enterprise.
People who gobble up property and treat landlording as an enterprise or even as a primary source of income, are garbage, and should be punished. People who are trying to keep their house ‘in the family’ but don’t need it for an indefinite period shouldn’t be published.
