ByteOnBikes@slrpnk.net to A Boring Dystopia@lemmy.world · 3 days ago‘My Property Tax Went From $15K to a Life-Altering $91K a Year’www.yahoo.comexternal-linkmessage-square218fedilinkarrow-up1459arrow-down148
arrow-up1411arrow-down1external-link‘My Property Tax Went From $15K to a Life-Altering $91K a Year’www.yahoo.comByteOnBikes@slrpnk.net to A Boring Dystopia@lemmy.world · 3 days agomessage-square218fedilink
minus-squarecalcopiritus@lemmy.worldlinkfedilinkarrow-up14·2 days agoThe alternative is banks hoarding real state without any need to rent it out or sell it soon. They can just wait until prices get higher. That’s why in most countries people pay way less property taxes in the house they live in.
minus-squareWhyJiffie@sh.itjust.workslinkfedilinkEnglisharrow-up1·22 hours agomaybe there is a middle ground? tax for the 3rd owned land, and increasing for any additional ones?
The alternative is banks hoarding real state without any need to rent it out or sell it soon. They can just wait until prices get higher.
That’s why in most countries people pay way less property taxes in the house they live in.
maybe there is a middle ground? tax for the 3rd owned land, and increasing for any additional ones?