3 ms·
because your property tax is no longer tied to what your house is worth, but instead tied to some arbitrary measurement (fixed % increase on what it used to be
by orik 9y ago
because your property tax is no longer tied to what your house is worth, but instead tied to some arbitrary measurement (fixed % increase on what it used to be worth)
x != y
- PretzelFisch 9y agohow is that not level? once someone buys a house they are in the same system?
- henrikschroder 9y agoOver time, you accrue a large tax benefit as a homeowner, if the actual value of your home increases more than 2% every year. By moving, you reset this benefit, which is a disincentive to moving.
- WillPostForFood 9y agoThe price you paid is no more less arbitrary than approximate current worth.