Especially when those 2nd, 3rd, + properties are being used as passive short term rentals. Observing the state of the housing situation “Hmm there aren’t enough homes for normal families to each have a chance, I should turn this extra property of mine into a vacation rental.” does this make said person a POS?
I wouldn’t mind that also. I think a decently sized land value tax is the way to go so that land area isn’t just used as parking because the person still makes a ton with increase in land value.