Our eco-loving country has decided to limit land consumption and designate far less building land than is needed by the population that has grown massively due to immigration.
There is nothing more to add...
You first have to be able to afford a multi-family house. Just like the taxes.
Before I would have to pay taxes on it, I would put up the tiniest, smallest, crummiest, and cheapest building in the world, which can easily be torn down again in case of sale. No penalty tax and I don't have to sell either.
Exactly, just because someone owns a plot of land does not necessarily mean they are "rich."
About 10 years ago we also bought an undeveloped plot on the coast, it is supposed to become our retirement home.
It also stood empty for 10 years...
Now we're starting to build, if we had bought it now, hardly any money would have been left for the construction.
Just like with the tax you are aiming for.
Alternatively, we would move back into our rented terraced house in H. – where does the tenant go then?
The house on the coast is certainly not affordable for them.
Who are the "right" ones? In my experience, the "right" ones are always the others. Strange.
That's how it is...
Regards Olli