OGBL has issued a statement regarding the recent discussion around real estate taxation and specialised investment funds. The union believes the lack of supervision in the sector enables speculation to take over and provide the funds with "scandalous" tax advantages, which needed to be abolished at all cost.
The union further notes that a mere reformation would not suffice and demand fundamental changes to the system. They even suggest eliminating taxes on first residences, as long as other real estate properties in the same name would be taxed to a degree that would incentivise further investments.
