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Locking in the property tax rate is a reasonable policy for reasons you explain. But it should not have been extended to non-residential, non-owner-occupied pro
by mavelikara 8y ago
Locking in the property tax rate is a reasonable policy for reasons you explain. But it should not have been extended to non-residential, non-owner-occupied properties, and also it should not have been transferrable.
- saltcured 8y agoBut, being non-transferrable would exacerbate the low-turnover problem by preventing those retirees from downsizing for fear of a big property tax increase.
- mavelikara 8y agoI meant that the tax rate should not be transferrable to another person, say, a hier.