ByteOnBikes@slrpnk.net to A Boring Dystopia@lemmy.world · 2 months ago‘My Property Tax Went From $15K to a Life-Altering $91K a Year’www.yahoo.comexternal-linkmessage-square222fedilinkarrow-up1460arrow-down147
arrow-up1413arrow-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 · 2 months agomessage-square222fedilink
minus-squarecalcopiritus@lemmy.worldlinkfedilinkarrow-up14·2 months 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-up1·2 months 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?