Paper Source Note Symposium 2020 banner

Bernie Sanders Goes After Real Estate Investors

Sen. Bernie Sanders wants a 25% “house flipping” tax  levied against investors who sell a property at a profit within five years of purchase.

He also wants a 2 percent “empty homes tax” on the property value of vacant homes in order to discourage real estate investment.

From Sanders’ Website:

When Bernie is president, he will:

  • Place a 25 percent House Flipping tax on speculators who sell a non-owner-occupied property, if sold for more than it was purchased within 5 years of purchase.
  • Impose a 2 percent Empty Homes tax on the property value of vacant, owned homes to bring more units into the market and curb the use of housing as speculative investment.


Powered by WishList Member - Membership Software

Scroll to Top