Vacant Homes Are a Global Epidemic, and Paris Is Fighting It with a 60% Tax
I don't understand, why owners buy such vacant homes, which they use twice a year. Renting the same house for two days would be much cheaper.Also, once they own such property, they could rent it for the time when they are away. They could make a lot of money this way.In the first case, people are giving away money for nothing. In the second case, people refuse to take money. Why do they do that?