Future Sarubia ? How will it work ? DAlso , wtf is # 4 ? D <| sep |> If I stop using my car on the public ' s roads , and stop buying fuel for it from the publicly accessible bowser , I suffer no further tax on that car unless it becomes involved in a transaction ie stamp duty . This is reasonable because I own the car . I don ' t like land banking any more than the next guy . I don ' t like ghost cities , gluts of dogbox apartments or any other rubbish driven by the stupid greedy policies of state and federal govts over the last decade . I do have a philosophical issue with being charged a yearly rent on the property I own and paid tens of thousands of dollars in stamp duty for when I purchased it . My property has been an enormous money sink . Upkeep costs are so large they approach renovation costs . This tax is only for vacant houses , your house isn ' t vacant ! I will reply with First they came for the vacant houses . or They said the GST would replace Stamp Duty . I similarly don ' t like negative interest rates for the same reason . If I earn money and pay tax on that money as well as bank account keeping fees , I shouldn ' t then be charged a further fee to withdraw my own money . ATM fees fall into this category but Im only charged if I use a 3 rd party ' s ATM to access my money which is fair enough . Taxing people for having vacant homes is an extremely blunt and brutal weapon . It was the constant fluffing of the market FHO Grant , Stamp Duty concessions , changes to CGT rules etc that inflated the whole thing . All of them were govt use of taxes or taxpayer money to encourage a particular outcome . All of them are still live today . In other words , they ' re applying the brakes and applying the accelerator at the same time . They ' re playing both sides of the field . They control the zoning and height limits . They control the public infrastructure transport , roads etc . They control the immigration rates , the foreign investor rules , and the enforcement of all of them . So why are the dumbarses who bought into the lie the ones who are going to be given the bill , when the ones implementing these kinds of rules would be still refusing to tweak their formulas ? Unless they bought a while ago , anyone with a vacant property today is going to regret it over the next few years .