17 ms·
> the property tax obtained per acre would need to increase. And it would, because property tax is assessed not just on the land but also on the structures. Fo
by wahern 8y ago
> the property tax obtained per acre would need to increase.
And it would, because property tax is assessed not just on the land but also on the structures. For condominiums each unit is assessed separately.
In addition, the greater the density the lower the cost of infrastructure. I don't think people, especially suburbanites, appreciate how ridiculously expensive roads and sewers are to build and maintain. Mostly because suburbanites tend to move on long before needing to rebuild, leaving behind broken, decaying landscapes. But that game can only last so many decades before society will be forced to deal with the consequences. The consequences are slowly coming into focus across the U.S. but are often couched in terms of affordability in more urban areas (because fewer places to move on to) and the broken finances of municipalities in more rural areas (because they're stuck with what turned out to be inherently unsustainable infrastructure costs).