HeIloBuy up as much housing as you can.
So single entity should own more than 50 addresses.
strawberryI mean I'd say more than 2 but ok
Federal tax the primary residence property at 0% of council rates, fed tax the 2nd at 200% council rates, the 3rd at 300%, etc.
Council rates are managed by local government authority and are driven by property value.
Order the properties by primary residence first, then lowest value to highest.
When folks start paying an extra 7-8k a year for their 4th property, 10k for their 5th, it might stop being worth it.